Business

Airtel Africa Reports 3.64 Billion Issued Shares as Share Buyback Programme Continues

Airtel Africa Plc has announced that its issued share capital stood at 3.65 billion ordinary shares as of June 30, 2026, while confirming that its ongoing share buyback programme continues to reduce the number of voting shares available to investors.

The update, released in compliance with the UK Financial Conduct Authority’s (FCA) Disclosure Guidance and Transparency Rules, provides shareholders with the official number of voting rights to be used in determining whether changes in shareholdings require regulatory notification.

According to the company, its issued share capital at the close of business on June 30, 2026, consisted of 3,645,588,673 ordinary shares with a nominal value of US$0.50 per share.

However, not all of the issued shares carry voting rights. Airtel Africa disclosed that 6,136,678 ordinary shares are currently held in treasury and therefore do not confer voting rights.

As a result, the total number of voting rights available to shareholders stands at 3,638,571,995, which will serve as the denominator for calculating disclosure obligations under the FCA’s transparency rules.

The company explained that the difference between its issued share capital and total voting rights, amounting to 7,016,678 shares, reflects both the treasury shares and 880,000 shares purchased under its ongoing share buyback programme that are yet to be cancelled.

Airtel Africa noted that the unsettled share purchases will be cancelled in accordance with its share buyback programme announced on May 22, 2026, further reducing the company’s outstanding share count once completed.

The periodic disclosure forms part of the company’s regulatory obligations and enables institutional investors and other shareholders to accurately determine whether changes in their ownership interests trigger mandatory reporting requirements.

Airtel Africa operates across 14 countries in sub-Saharan Africa, providing mobile voice, data and mobile money services to millions of customers.

The telecommunications group has continued to execute capital management initiatives, including share repurchases, alongside investments aimed at expanding network capacity, growing digital services and strengthening shareholder value.

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