Millicom (Tigo) share repurchase activity
Millicom (Tigo) has executed share repurchases of 400,689 Swedish Depository Receipts (SDRs) between December 9-13, 2024, as part of its repurchase program announced on November 29, 2024. The daily purchases ranged from 14,689 to 100,000 SDRs, with prices varying between SEK 270.24 and SEK 279.87 per share. The total investment across the five trading days amounted to approximately SEK 109.9 million.
All transactions were executed on Nasdaq Stockholm by Citigroup Global Markets Following these purchases, Millicom now holds 1,269,640 treasury shares, with the total number of outstanding shares standing at 172,096,305. The program complies with MAR Article 5 and Safe Harbour Regulation.
Millicom (Tigo) ha eseguito riacquisti di 400.689 Ricevute di Deposito Svedesi (SDR) tra il 9 e il 13 dicembre 2024, come parte del suo programma di riacquisto annunciato il 29 novembre 2024. Gli acquisti giornalieri sono variati da 14.689 a 100.000 SDR, con prezzi compresi tra 270,24 SEK e 279,87 SEK per azione. L'investimento totale nei cinque giorni di negoziazione è ammontato a circa 109,9 milioni di SEK.
Tutte le transazioni sono state eseguite su Nasdaq Stockholm da Citigroup Global Markets. A seguito di questi acquisti, Millicom detiene ora 1.269.640 azioni proprie, portando il numero totale di azioni in circolazione a 172.096.305. Il programma è conforme all'Articolo 5 del MAR e alla Regolamentazione Safe Harbour.
Millicom (Tigo) ha realizado recompras de 400,689 Recibos de Depósito Suecos (SDR) entre el 9 y el 13 de diciembre de 2024, como parte de su programa de recompra anunciado el 29 de noviembre de 2024. Las compras diarias oscilaron entre 14,689 y 100,000 SDR, con precios que variaron entre 270.24 SEK y 279.87 SEK por acción. La inversión total durante los cinco días de negociación ascendió a aproximadamente 109.9 millones de SEK.
Todas las transacciones se llevaron a cabo en Nasdaq Estocolmo por Citigroup Global Markets. Tras estas compras, Millicom ahora posee 1,269,640 acciones en tesorería, y el número total de acciones en circulación es de 172,096,305. El programa cumple con el Artículo 5 del MAR y con la regulación de Puerto Seguro.
밀리컴(Millicom, Tigo)은 2024년 12월 9일부터 13일 사이에 400,689개의 스웨덴 예탁증서(SDR)를 자사 매입 프로그램의 일환으로 재매입했습니다. 하루 구매량은 14,689에서 100,000 SDR로, 주가는 270.24 SEK에서 279.87 SEK 사이에서 변동했습니다. 거래 5일 동안의 총 투자액은 약 109.9 백만 SEK에 달합니다.
모든 거래는 Citigroup Global Markets에 의해 나스닥 스톡홀름에서 실행되었습니다. 이러한 구매 이후, 밀리컴은 현재 1,269,640주의 자사주식을 보유하고 있으며, 전체 발행 주식 수는 172,096,305주입니다. 이 프로그램은 MAR 제5조 및 안전항구 규정에 따라 증거를 듭니다.
Millicom (Tigo) a effectué des rachats de 400,689 reçus de dépôt suédois (SDR) entre le 9 et le 13 décembre 2024, dans le cadre de son programme de rachat annoncé le 29 novembre 2024. Les achats quotidiens variaient de 14,689 à 100,000 SDR, avec des prix oscillant entre 270,24 SEK et 279,87 SEK par action. L'investissement total sur les cinq jours de négociation s'élevait à environ 109,9 millions de SEK.
Toutes les transactions ont été réalisées sur le Nasdaq Stockholm par Citigroup Global Markets. Suite à ces achats, Millicom détient désormais 1,269,640 actions de trésorerie, le nombre total d'actions en circulation étant de 172,096,305. Le programme est conforme à l'article 5 du MAR et au règlement de Safe Harbour.
Millicom (Tigo) hat zwischen dem 9. und 13. Dezember 2024 Rückkäufe von 400.689 Schwedischen Depotquittungen (SDRs) im Rahmen seines am 29. November 2024 angekündigten Rückkaufprogramms durchgeführt. Die täglichen Käufe lagen zwischen 14.689 und 100.000 SDRs, die Preise schwankten zwischen 270,24 SEK und 279,87 SEK pro Aktie. Die Gesamtinvestition über die fünf Handelstage betrug ungefähr 109,9 Millionen SEK.
Alle Transaktionen wurden an der Nasdaq Stockholm von Citigroup Global Markets durchgeführt. Nach diesen Käufen hält Millicom nun 1.269.640 eigene Aktien, während die Gesamtzahl der ausgegebenen Aktien bei 172.096.305 liegt. Das Programm entspricht Artikel 5 der MAR und den Vorschriften über sichere Hafenregelungen.
- Active share repurchase program demonstrates confidence in company value
- Systematic daily purchases indicate organized capital allocation strategy
- Building treasury stock position may provide future financial flexibility
- Significant cash outflow of SEK 109.9 million for share repurchases
- Declining daily share purchase prices from SEK 279.87 to SEK 270.24
Insights
Millicom (Tigo) share repurchase activity
Luxembourg, December 16, 2024 - Pursuant to the share repurchase program announced on November 29, 2024, Millicom repurchased 400,689 of its Swedish Depository Receipts (SDRs) between December 9, 2024, and December 13, 2024, as detailed in the table below.
| Trade Date | Number of SDRs repurchased | Daily average price paid* (SEK) | Daily repurchase amount* (SEK) |
| 12/9/2024 | 14,689 | 279.8674 | 4,110,972 |
| 12/10/2024 | 96,000 | 279.0228 | 26,786,189 |
| 12/11/2024 | 95,000 | 275.4552 | 26,168,244 |
| 12/12/2024 | 95,000 | 271.7572 | 25,816,934 |
| 12/13/2024 | 100,000 | 270.2359 | 27,023,590 |
* Excluding commissions
All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. Following the purchases, Millicom holds 1,269,640 treasury shares as of December 13, 2024. The total number of shares outstanding in Millicom is 172,096,305.
The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website:
https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares
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For further information, please contact
| Press: Sofía Corral, Director Corporate Communications press@millicom.com | Investors: Michel Morin, VP Investor Relations investors@millicom.com |
About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of September 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people, and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
FAQ
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