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MTN approves $375 million share buyback after profit rise
Mobile operator MTN Group said on Monday that its board had approved a 6 billion rand ($375 million) share buyback programme, as it reported a 21.
Africa's biggest telecom operator, with more than 317 million customers across 19 markets, said adjusted headline earnings per share (HEPS) rose to 793 cents in the six months ended June 30 from 654 cents a year earlier.9 billion rand non-cash impairment on its 49% stake in Irancell, reflecting Iran's hyperinflation and the sharp depreciation of the rial.
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