Millicom (Tigo) share repurchase activity
April 19 2024 - 5:30PM
Millicom (Tigo) share repurchase activity
Luxembourg, April 19, 2024 –
Pursuant to the share repurchase program announced on December 15,
2023, Millicom repurchased 38,891 of its Swedish Depository
Receipts (SDRs) between April 15, 2024 and April 19, 2024, as
detailed in the table below.
|
Trade Date |
Number of SDRs repurchased |
Daily average price paid* (SEK) |
Daily repurchase amount* (SEK) |
|
04/15/2024 |
9,279 |
218.2163 |
2,024,829 |
|
04/16/2024 |
8,720 |
216.2150 |
1,885,395 |
|
04/17/2024 |
8,720 |
215.3172 |
1,877,566 |
|
04/18/2024 |
5,172 |
218.0530 |
1,127,770 |
|
04/19/2024 |
7,000 |
217.8354 |
1,524,848 |
* Excluding commissions
All purchases were carried out on Nasdaq
Stockholm by Citigroup Global Markets Limited on behalf of
Millicom. Following the purchases, Millicom holds 805,594 treasury
shares as of April 19, 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”). A full breakdown of the transactions is attached to
this press release. For information about all transactions carried
out under the repurchase program, refer to Nasdaq Stockholm’s
website:
http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares
For further information, please
contact:
|
Press: Sofía Corral, Communications Director
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, 2023, Millicom, including
its Honduras Joint Venture, employed approximately 16,500 people
and provided mobile and fiber-cable services through its digital
highways to more than 45 million customers, with a fiber-cable
footprint over 13 million homes passed. Founded in 1990, Millicom
International Cellular S.A. is headquartered in Luxembourg.
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