Airtel Africa Price Unchanged, Telco Repurchases Own Shares
Airtel Africa Plc’s market value remained unchanged in the Nigerian Exchange (NGX) as the telecom company continues to repurchase its own shares from the London Stock Exchange (LSE) trading platform.
The telco stock miss in action in the Nigerian market due to tight, and perhaps small shareholding after its successfully buyback its shares in the local bourse.
For months, the telecom company share price has rested at N2310.50. Airtel Africa has low trading volue on its 3.758 billion shares outstanding in the Nigerian market.
Airtel Africa Plc announced the purchase of 25,000 ordinary shares at an average price of 226.25 GBP under its $100 million share buyback programme, executed on October 22, 2025, with shares to be cancelled.
This reduces total voting rights to 3,648,558,589, with 7,489,044 shares in treasury, marking progress since the programme’s start on December 23, 2024.
The stock is less in demand in the Nigerian market; a highly pricey stock that stagnates for months. Though some investment analysts estimate a higher price target, suggesting an upside potential.
Airtel Africa price movements are often driven by one-off transactions on the stock – its market value has been hovering below N9 billion due to months of inactivities on the telecom stock#Airtel Africa Price Unchanged, Telco Repurchases Own Shares Emerging Market Issuers to Face Greater Macro Challenges in 2026 –Fitch
