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Helios Towers Cancels 599,815 Shares in Ongoing Buyback Programme

Helios Towers has continued executing its share buyback programme, repurchasing 599,815 ordinary shares between 29 June and 3 July 2026 through Jefferies at volume‑weighted average prices around 198–212 pence. The company intends to cancel all of these shares, rather than hold them in treasury, as part of a capital management strategy announced in November 2025.

Following the cancellation, Helios Towers’ share capital will be reduced to 1,041,607,001 ordinary shares in issue, a new reference figure for regulatory disclosure thresholds under the UK’s transparency rules. The buyback and reduced share count may enhance earnings per share and signal management’s confidence in the business, with implications for existing shareholders’ relative ownership and future market liquidity.

The most recent analyst rating on HTWS -0.89% ▼ stock is a Buy
with a £295.00 price target.

Source : www.tipranks.com