TIGO Millicom International Cellular S A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of January, 2025.

Commission File Number: 001-38763

 

MILLICOM INTERNATIONAL CELLULAR S.A.

(Exact Name of Registrant as Specified in Its Charter)

 

148-150, Boulevard de la Pétrusse

L-2330 Luxembourg

Grand Duchy of Luxembourg

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F      ☒	Form 40-F      ☐

MILLICOM INTERNATIONAL CELLULAR S.A.

 

INDEX TO FURNISHED MATERIAL

 

Item
______

 

1.

Press release dated January 13, 2025.

 

Item 1

 

  

Millicom (Tigo) share repurchase activity

 

Luxembourg, January 13, 2025 - Pursuant to the share repurchase program announced on November 29, 2024, Millicom repurchased 400,821 of its Swedish Depository Receipts (SDRs) and 146,632 of its common shares between January 6, 2025, and January 10, 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)
2025-01-06				36 700	24.9620	916 105
2025-01-07	101 821	273.0227	27 799 444	36 700	25.0157	918 076
2025-01-08	100 000	277.3668	27 736 680	36 532	24.7171	902 965
2025-01-09	99 000	275.0214	27 227 119
2025-01-10	100 000	267.0256	26 702 560	36 700	23.9353	878 426

* 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 2,519,830 treasury shares as of January 10, 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”). Further information about SDR repurchases is available on Nasdaq Stockholm’s website:

https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares

 

-END-

 

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.

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

		MILLICOM INTERNATIONAL CELLULAR S.A.         (Registrant)
		By:	/s/ Salvador Escalón
			Name:	Salvador Escalón
			Title:	Executive Vice President, Chief Legal and Compliance Officer

Date: January 13, 2025

 

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