Airtel Africa buys 491,861 Citigroup Global shares

Very early today, Airtel Africa plc today has announced that it has bought 491,861 from Citigroup Global Markets Limited as part of its proposed share buyback program announced last week.

THE MATRIX acquired this information from an announcement made by the company to the Nigerian Exchange Limited (NGX), which was signed by Alastair Jones from Airtel Africa Investor Relations, and made available to the investment community.

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The statement reads, “Airtel Africa announces today it has purchased the following number of its ordinary shares of USD 0.50 each on the London Stock Exchange from Citigroup Global Markets Limited pursuant to the authority granted by its shareholders as part of its share buy-back programme, details of which were announced on 1 March 2024.”

The company noted that since it began the share buyback program on March 1st, it has purchased around 491,861 at a weighted average price of GBp 97.14 per ordinary share