Airtel Africa, a leading provider of telecommunication and mobile money services, made a formal public statement of its ordinary shares of $0.50 each on the London Stock Exchange from Citigroup Global Markets Limited in accordance to the authority granted by its shareholders as a part of its share buy-back programme, details of which were announced on the 1 March 2024.
According to the company, on July 15, 2024, the share purchase has a total aggregate number of 445,000 as the shares acquired by its shareholders, accompanied by the lowest price paid per share of 115.60p compared to the highest price paid per share of 118.20p with a total volume weighted average price of 116.51p in the London Stock Exchange market.
“Since the beginning of the share repurchase programme announced on 1 March 2024, the company has purchased 27,003,729 ordinary shares in aggregate, at a volume weighted average price of GBp 109.67 per ordinary share with a detailed information of the individual trades made by Citigroup Global Markets Limited as part of the buy-back programme,” the company stated.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.
