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Helios Towers PLC on Thursday announced a new share buyback, unveiled a $400 million returns aim through to the end of the decade, and said profit has increased so far in 2025. The London-based telecom tower company reported quarterly results and also hosts a capital markets day on Thursday. Shares in the company jumped 14% to 176.66 pence each in London on Thursday morning, the best FTSE 100 performer. It said operating profit in the nine months to September 2025 surged 11% to US211.2 million from $190.6 million a year prior. Revenue climbed 8.5% to $634.5 million from $584.7 million. ‘I am delighted with our performance so far in 2025 and excited about what lies ahead. Our structurally high-growth markets, coupled with our relentless focus on customer experience excellence, have driven continued tenancy growth and an expansion in tenancy ratio - approaching our 2026 target of 2.2x tenants per site more than a year early,’ Chief Executive Officer Tom Greenwood said. Tenancies rose 8.6% year-to-date to 31,531 from 29,021 a year prior, at a ratio of 2.16, up from 2.04. Helios announced a return of up to $75 million to shareholders through a buyback. An initial tranche of $25 million, under a non-discretionary agreement with Jefferies International Ltd, kicked off on Thursday. The shares are to be cancelled. What’s more, the company plans to return over $400 million to shareholders through dividends and buybacks through to 2030. It plans to return $250 million through buybacks, with the programme announced on Thursday forming part of this pledge. The $75 million buyback scheme announced Thursday is to be completed by the end of 2026. The company plans to return $150 million through dividends through to 2030, including a $25 million full-year payout for the current financial year. Helios is sizing up over $500 million of discretionary capex investment between 2026 and 2030. It expects to generate recurring free cash flow of over $1.3 billion between 2026 and 2030. ‘We have entered the beginning of the sweet spot of our development, where we combine both growth and value to our investors for decades ahead,’ Greenwood added. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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