Millicom (Tigo) share repurchase activity
Millicom (Tigo) has provided an update on its share repurchase program announced on November 29, 2024. Between February 28, 2025, and March 07, 2025, the company repurchased 344,250 Swedish Depository Receipts (SDRs) and 434,700 common shares.
All purchases were executed on Nasdaq Stockholm and Nasdaq Stock Market through Citigroup Global Markets and Citigroup Global Markets Inc. As of March 07, 2025, Millicom held 2,794,834 treasury shares out of a total of 172,096,305 outstanding shares. The repurchase program is being conducted in accordance with Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (Safe Harbour Regulation).
Millicom (Tigo) ha fornito un aggiornamento sul suo programma di riacquisto di azioni annunciato il 29 novembre 2024. Tra il 28 febbraio 2025 e il 7 marzo 2025, l'azienda ha riacquistato 344.250 Ricevute di Deposito Svedesi (SDRs) e 434.700 azioni ordinarie.
Tutti gli acquisti sono stati eseguiti su Nasdaq Stockholm e Nasdaq Stock Market tramite Citigroup Global Markets e Citigroup Global Markets Inc. Al 7 marzo 2025, Millicom deteneva 2.794.834 azioni proprie su un totale di 172.096.305 azioni in circolazione. Il programma di riacquisto è condotto in conformità con l'Articolo 5 del MAR e il Regolamento Delegato della Commissione n. 2016/1052 (Regolamento Safe Harbour).
Millicom (Tigo) ha proporcionado una actualización sobre su programa de recompra de acciones anunciado el 29 de noviembre de 2024. Entre el 28 de febrero de 2025 y el 7 de marzo de 2025, la empresa recompró 344,250 Recibos de Depósito Suecos (SDRs) y 434,700 acciones ordinarias.
Todas las compras se realizaron en Nasdaq Estocolmo y Nasdaq Stock Market a través de Citigroup Global Markets y Citigroup Global Markets Inc. A fecha del 7 de marzo de 2025, Millicom poseía 2,794,834 acciones en tesorería de un total de 172,096,305 acciones en circulación. El programa de recompra se lleva a cabo de acuerdo con el Artículo 5 del MAR y el Reglamento Delegado de la Comisión No 2016/1052 (Reglamento de Puerto Seguro).
밀리콤 (Tigo)는 2024년 11월 29일에 발표한 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 2025년 2월 28일부터 2025년 3월 7일 사이에 회사는 344,250 스웨덴 예탁증서(SDR)와 434,700 보통주를 재매입했습니다.
모든 구매는 Nasdaq 스톡홀름 및 Nasdaq 증권 시장을 통해 Citigroup Global Markets와 Citigroup Global Markets Inc.를 통해 실행되었습니다. 2025년 3월 7일 기준으로 밀리콤은 총 172,096,305 주식 중 2,794,834 자사주를 보유하고 있었습니다. 재매입 프로그램은 MAR 제5조 및 위임 규정 제2016/1052호(안전 항구 규정)에 따라 진행되고 있습니다.
Millicom (Tigo) a fourni une mise à jour sur son programme de rachat d'actions annoncé le 29 novembre 2024. Entre le 28 février 2025 et le 7 mars 2025, la société a racheté 344.250 Receipts de Dépôt Suédois (SDRs) et 434.700 actions ordinaires.
Tous les achats ont été effectués sur Nasdaq Stockholm et le Nasdaq Stock Market par l'intermédiaire de Citigroup Global Markets et Citigroup Global Markets Inc. Au 7 mars 2025, Millicom détenait 2.794.834 actions propres sur un total de 172.096.305 actions en circulation. Le programme de rachat est mené conformément à l'Article 5 du MAR et au Règlement Délégué de la Commission No 2016/1052 (Règlement sur le Port Sécurisé).
Millicom (Tigo) hat ein Update zu seinem am 29. November 2024 angekündigten Aktienrückkaufprogramm bereitgestellt. Zwischen dem 28. Februar 2025 und dem 7. März 2025 hat das Unternehmen 344.250 Schwedische Depotbelege (SDRs) und 434.700 Stammaktien zurückgekauft.
Alle Käufe wurden an der Nasdaq Stockholm und der Nasdaq Stock Market über Citigroup Global Markets und Citigroup Global Markets Inc. durchgeführt. Am 7. März 2025 hielt Millicom 2.794.834 eigene Aktien von insgesamt 172.096.305 ausgegebenen Aktien. Das Rückkaufprogramm wird gemäß Artikel 5 der MAR und der delegierten Verordnung der Kommission Nr. 2016/1052 (Sichere Hafenverordnung) durchgeführt.
- Active share repurchase program indicates strong cash position
- Buyback program demonstrates commitment to returning value to shareholders
- Company following regulatory compliance with MAR and Safe Harbour Regulation
- Reduction in cash reserves due to share repurchases
- Decreased financial flexibility for other strategic initiatives
Millicom (Tigo) share repurchase activity
Luxembourg, March 10, 2025 - Pursuant to the share repurchase program announced on November 29, 2024, Millicom repurchased 344,250 of its Swedish Depository Receipts (SDRs) and 434,700 of its common shares between February 28, 2025, and March 07, 2025, as detailed in the table below.
| Exchange | Nasdaq Stockholm | Nasdaq Stock Market | ||||
| Trade Date | Number of SDRs repurchased | Average price paid* (SEK) | Repurchase amount* (SEK) | Number of shares repurchased | Average price paid* (USD) | Repurchase amount* (USD) |
| 2025-02-28 | 1 900 | 25.7368 | 48 900 | |||
| 2025-03-03 | 3 215 | 276.5466 | 889 097 | |||
| 2025-03-04 | 77 000 | 270.6014 | 20 836 308 | 108 200 | 25.9010 | 2 802 488 |
| 2025-03-05 | 81 000 | 267.4911 | 21 666 779 | 108 200 | 26.7296 | 2 892 143 |
| 2025-03-06 | 84 035 | 274.0172 | 23 027 035 | 108 200 | 27.9875 | 3 028 248 |
| 2025-03-07 | 99 000 | 288.0058 | 28 512 574 | 108 200 | 28.7114 | 3 106 573 |
* Excluding commissions
All purchases were carried out on Nasdaq Stockholm and on the Nasdaq Stock Market by Citigroup Global Markets Limited and Citigroup Global Markets Inc. respectively, on behalf of Millicom. Following the repurchases, Millicom held 2,794,834 treasury shares as of March 07, 2025. 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”).
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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 December 31, 2024, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
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