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Millicom International Cellular S.A. - TIGO STOCK NEWS

Welcome to our dedicated news page for Millicom International Cellular S.A. (Ticker: TIGO), a resource for investors and traders seeking the latest updates and insights on Millicom International Cellular S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Millicom International Cellular S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Millicom International Cellular S.A.'s position in the market.

Rhea-AI Summary
Millicom (Tigo) conducted a share repurchase activity, repurchasing 38,891 Swedish Depository Receipts between April 15, 2024, and April 19, 2024. The purchases were made at varying daily average prices, totaling approximately SEK 7,347,409. The repurchase program aims to comply with regulatory provisions and enhance shareholder value.
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End-of-Day
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buyback
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Rhea-AI Summary
Millicom's Nomination Committee has proposed the election of new Directors and the re-election of existing ones for the Board of Directors. Maxime Lombardini and Justine Dimovic are nominated as new Directors, with Mauricio Ramos proposed as the Chair of the Board. Pernille Erenbjerg and Michael Golan will not seek re-election. The Nomination Committee aims to strengthen oversight of operational and financial performance, capital allocation, and strategic direction.
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management
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Rhea-AI Summary
Millicom International Cellular S.A. convenes its Annual General Meeting and Extraordinary General Meeting of Shareholders on May 23, 2024, in Luxembourg. Shareholders will vote on agenda points outlined in the notice.
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Rhea-AI Summary
Millicom (Tigo) repurchased 32,853 of its Swedish Depository Receipts (SDRs) between April 8, 2024, and April 12, 2024, as part of the share repurchase program announced in December 2023. The purchases were made at varying daily average prices, totaling approximately SEK 7.6 million. Following the transactions, Millicom holds 766,703 treasury shares, with a total of 172,096,305 shares outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
buyback
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Rhea-AI Summary
Millicom (Tigo) conducted a share repurchase program, repurchasing 27,945 Swedish Depository Receipts between April 2, 2024, and April 5, 2024. The purchases were made at daily average prices ranging from SEK 215.303 to SEK 218.490, totaling SEK 5,074,759. The company now holds 733,850 treasury shares out of 172,096,305 outstanding shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
buyback
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Rhea-AI Summary
Millicom (Tigo) successfully completes the issuance of $450 million Senior Notes due 2032, aiming to repay existing debts and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
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none
Rhea-AI Summary
Millicom (Tigo) repurchased 23,831 of its Swedish Depository Receipts (SDRs) between March 25, 2024, and March 28, 2024, as part of the share repurchase program. The purchases were made at varying daily average prices, totaling a repurchase amount of SEK 4,208,206. Following the transactions, Millicom holds 705,905 treasury shares out of 172,096,305 outstanding shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
buyback
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Rhea-AI Summary
Millicom International Cellular S.A. distributes shares to executives as part of its performance share-based compensation plan. The company allocated 158,934 shares to eligible participants, including executive management, following the terms set at the 2021 annual general meeting of shareholders. For more details, visit Millicom's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
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none
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Rhea-AI Summary
Millicom (Tigo) announces a private offering of Senior Notes due 2032 to repay existing indebtedness and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
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Rhea-AI Summary
Millicom (Tigo) announces the appointment of Bart Vanhaeren as the new Chief Financial Officer (CFO) following the planned succession process. Bart will succeed Sheldon Bruha, who played a key role in driving cost-efficiency programs and developing financial talent within the company. Bart, a fourteen-year veteran of Millicom, has extensive experience in senior financial and management roles. CEO Mauricio Ramos expressed gratitude to Sheldon for his contributions and congratulated Bart on his promotion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
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none
Millicom International Cellular S.A.

Nasdaq:TIGO

TIGO Rankings

TIGO Stock Data

3.44B
120.39M
0.48%
4.67%
0.08%
Wireless Telecommunications Carriers (except Satellite)
Information
Link
Luxembourg
2 Rue Du Fort Bourbon

About TIGO

Millicom International Cellular SA is a Luxembourgish fixed line and mobile telecommunications services provider dedicated to emerging markets in Latin America operating under the Tigo brand.