By Aminu Umar Turaki
Airtel Africa has confirmed that it bought back an additional 40,000 ordinary shares on December 31, 2025, under its ongoing buyback programme of 40.9 million, bringing the cumulative total to 40.93 million shares since the programme began in December 2024.
The company said the shares were acquired at prices ranging between 354 pence and 357 pence, with an average purchase price of 355.95 pence. Overall, the buybacks have been executed at a cumulative average price of 152.24 pence per share.
The value of shares repurchased so far is estimated at about ₦122.7 billion, according to the current exchange rates.
The transactions were carried out by Barclays Capital Securities Limited. It was revealed that because the repurchased shares are being cancelled, Airtel Africa’s share base has been slightly reduced.
After the cancellation, the ordinary shares issued by the company, stand at roughly 3.66 billion, while total voting rights have fallen to about 3.65 billion.
Airtel Africa’s shares closed at ₦2,270 on the Nigerian Exchange on January 2, 2026, placing the company among the most valuable stocks.
