Millicom (Tigo) share repurchase activity
23 March 2024 - 8:30AM
Millicom (Tigo) share repurchase activity
Luxembourg, March 22, 2024 –
Pursuant to the share repurchase program announced on December 15,
2023, Millicom repurchased 25,625 of its Swedish Depository
Receipts (SDRs) between March 18, 2024 and March 22, 2024, as
detailed in the table below.
|
Trade Date |
Number of SDRs repurchased |
Daily average price paid* (SEK) |
Daily repurchase amount* (SEK) |
|
03/18/2024 |
1,803 |
199.5575 |
359,802 |
|
03/19/2024 |
5,922 |
199.5623 |
1,181,808 |
|
03/20/2024 |
10,400 |
200.6243 |
2,086,493 |
|
03/21/2024 |
5,000 |
202.0162 |
1,010,081 |
|
03/22/2024 |
2,500 |
205.2470 |
513,118 |
* Excluding commissions
All purchases were carried out on Nasdaq
Stockholm by Citigroup Global Markets Limited on behalf of
Millicom. Following the purchases, Millicom holds 1,013,486
treasury shares as of March,22 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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