Airtel Africa Plc has bought back close to two million of its own shares over the course of a single trading week, a move that pushed its stock to a fresh record on the Nigerian stock Exchange.
The company disclosed on Tuesday that it bought 1,855,779 ordinary shares between July 6 and July 10, 2026, under the share repurchase programme announced on May 22, 2026, which has now seen it repurchase 12,864,569 shares in total. The shares, acquired through Barclays Capital Securities Limited, will be cancelled, reducing the company’s outstanding share capital.
The buying was steady but not evenly spread. Tuesday was the busiest day, with Airtel Africa snapping up 644,108 shares, more than triple what it bought on the opening Monday.
The latest purchases comprised 208,662 shares on July 6, 644,108 on July 7, 520,000 on July 8, 283,658 on July 9, and 199,351 on July 10, with purchase
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