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Airtel Africa Intensifies Share Buyback, Acquires 12.25 Million Shares with Barclays’ Support
Airtel Africa has repurchased 12,254,438 ordinary shares since launching its share buyback program on December 23, 2024, with Barclays Capital Securities Limited overseeing the first phase of the...
Airtel Africa Plc: Half-Year Financial Results for the Period Ended 30 September 2024
Overview
Airtel Africa has reported strong operational growth amidst currency devaluation challenges. The results reflect the company’s sustained focus on expanding its customer base and enhancing financial...
AIRTEL AFRICA SECURES $200 MILLION IFC LOAN FOR NETWORK EXPANSION
Overview: Airtel Africa has received a $200 million loan from the International Finance Corporation (IFC) to enhance its network infrastructure, focusing on rural areas to improve mobile connectivity.
Key Details:
1. Loan...
KEY DETAILS:
- Price Adjustment: Airtel Africa Plc’s share price on the Nigerian Exchange (NGX) dropped from N2,150 to N2,097 following a price adjustment for a N53 dividend payment.
- Dividend Payment: Airtel Africa paid N53.05 per share to its shareholders for the 2023 financial year.
-...
AIRTEL AFRICA TO PAY N276 BILLION TOTAL DIVIDEND FOR 2023, CHOOSES N1,485.99 AS EXCHANGE RATE FOR FINAL DIVIDEND
Airtel Africa has set an exchange rate of N1,485.99/$ for its 2023 final dividend, which translates to approximately N53.05 per share and a 2% dividend yield. Despite a net loss of...
AIRTEL AFRICA BALANCES AT N8trn DESPITE UNUSUAL TRADE VOLUME
Despite substantial trades in its stock, Airtel Africa Plc’s market valuation remained steady. The share price stayed at N2,150, unchanged by the 1,128,570 shares traded on Tuesday. The local exchange valued Airtel Africa's 3.758...
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