Airtel Nigeria set to buyback 8.27 percent minority shareholdings at N61.24 billion

Airtel Networks Limited (Airtel Nigeria) has initiated a process to buyback 8.27% minority shareholdings at N55.81 per share, estimated at N61.24 billion. Buyback is a corporate action in which a company buys back (repurchase) its shares from the existing shareholders — usually at a price higher than the market price. Ownership consolidation, stock undervaluation or […]

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