Helios Towers plc has reinforced its commitment to delivering shareholder value by repurchasing 299,868 ordinary shares between 22 June and 26 June 2026 as part of its ongoing share buyback programme. The purchases, executed through Jefferies International Limited across multiple trading venues, were completed at volume-weighted average prices of approximately 213 pence per share.
The company intends to cancel all repurchased shares, reducing the total number of shares in issue to 1,042,206,816. This reduction is expected to enhance earnings per share (EPS) over time by lowering the overall share count, while also reflecting management’s confidence in the company’s long-term value and growth prospects.
The latest buyback activity demonstrates Helios Towers’ disciplined capital allocation strategy under the programme launched in November 2025. By returning excess capital to shareholders through share repurchases, the company continues to optimize its capital structure while creating the potential for greater value for existing investors.
Executed across the London Stock Exchange and major alternative trading venues, including Chi-X, BATE, Aquis, and Turquoise, the programme also highlights the company’s commitment to strong corporate governance and regulatory transparency. By cancelling the repurchased shares rather than holding them in treasury, Helios Towers provides investors with a clear and updated capital structure while ensuring compliance with market reporting requirements.
Investor sentiment also remains encouraging. The most recent analyst rating on Helios Towers stock remains Buy, with a price target of £295.00, implying meaningful upside from the recent repurchase price and reflecting continued confidence in the company’s long-term performance and strategy.
Source : www.theglobeandmail.com
