MTN Initiates $375 Million Share Buyback Following H1 Earnings Surge

MTN Group launched a R6 billion share repurchase program, replacing its interim dividend after H1 2026.

service revenue rose 17.5% in constant currency to R115 billion, with EBITDA increasing 24.4% to R56 billion.

Active data users hit 179.3 million, while 70.8 million MoMo users processed $330 billion in transactions.

Regulators conditionally approved MTN's buyout of IHS Holdings, supporting group-wide infrastructure and asset optimization

MTN Initiates $375 Million Share Buyback Following H1 Earnings Surge

MTN Group launched a R6 billion share repurchase program, replacing its interim dividend after H1 2026.

service revenue rose 17.5% in constant currency to R115 billion, with EBITDA increasing 24.4% to R56 billion.

Active data users hit 179.3 million, while 70.8 million MoMo users processed $330 billion in transactions.

Regulators conditionally approved MTN's buyout of IHS Holdings, supporting group-wide infrastructure and asset optimization

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