Welcome to our dedicated page for Millicom Intl Cellular S A news (Ticker: TIGO), a resource for investors and traders seeking the latest updates and insights on Millicom Intl Cellular S A stock.
Millicom International Cellular S.A. (TIGO) provides essential telecommunications services across Latin America, specializing in mobile connectivity and broadband solutions for emerging markets. This dedicated news hub offers investors and stakeholders immediate access to official company announcements and verified industry updates.
Track all critical developments through curated press releases covering quarterly earnings, infrastructure investments, strategic partnerships, and regulatory milestones. Our repository ensures transparent access to operational updates about TIGO's mobile network expansions, fixed-line service enhancements, and digital innovation initiatives.
Key content includes executive leadership statements, market penetration reports, and technology deployment announcements. Users benefit from chronological organization of material spanning financial results, service launches, and corporate responsibility updates across TIGO's operational countries.
Bookmark this page for streamlined monitoring of Millicom's progress in delivering converged telecom solutions. Check regularly for real-time updates on how TIGO addresses Latin America's evolving connectivity needs through scalable network infrastructure and customer-focused services.
Millicom announced the repurchase of 131,559 Swedish Depository Receipts (SDRs) from September 9 to 15, 2021. This activity is part of a buyback program initiated on July 29, 2021, reinforcing Millicom's commitment to enhancing shareholder value. The maximum repurchase limit is set at either SEK 870 million (approximately USD 100 million) or 5 million SDRs. As of September 15, 2021, Millicom holds 792,425 treasury shares out of a total of 101,739,217 outstanding shares.
Millicom announced the repurchase of 84,200 shares during the period from September 2 to September 8, 2021, under a program initiated on July 29, 2021. The total value of the repurchased shares amounted to approximately SEK 27.9 million, with an average repurchase price of SEK 326.45. As of September 8, 2021, Millicom holds 660,866 treasury shares out of 101,739,217 outstanding. The repurchase aligns with Article 5 of MAR and is capped at SEK 870 million or 5 million SDRs.
Millicom International Cellular has announced a bond exchange offer to exchange up to $335 million of its 6.625% Senior Notes due 2026 for newly issued 4.500% Senior Notes due 2031. The aim is to refinance existing debt and extend the maturity profile while reducing cash costs. The Exchange Offer expires on October 5, 2021, with an early participation date set for September 21, 2021. Eligible holders must comply with specific guidelines, as outlined in the offering memorandum.
Millicom announced the repurchase of 75,529 Swedish Depository Receipts (SDRs) from August 26 to September 1, 2021, as part of its ongoing repurchase program initiated on July 29, 2021. The program aims to enhance shareholder value, with a maximum repurchase cap of SEK 870 million (approx. USD 100 million) or 5 million SDRs. Following these transactions, Millicom holds 576,666 treasury shares out of a total of 101,739,217 shares outstanding, reflecting the company's commitment to returning capital to shareholders.
Millicom announced the repurchase of 100,692 Swedish Depository Receipts (SDRs) between August 19 and August 25, 2021. The total repurchase program, initiated on July 29, 2021, allows for up to SEK 870 million (approximately USD 100 million) in purchases or a maximum of 5 million SDRs. As of August 25, 2021, Millicom holds 501,137 treasury shares from a total of 101,739,217 shares outstanding. The transactions were executed on Nasdaq Stockholm by Citigroup Global Markets Limited.
Millicom announced the repurchase of 90,437 Swedish Depository Receipts (SDRs) between August 12 and August 18, 2021, as part of its ongoing buyback program. This program, initiated on July 29, 2021, limits repurchases to a maximum of SEK 870 million (around USD 100 million) or up to 5,000,000 SDRs. Following these transactions, Millicom holds a total of 403,401 treasury shares out of 101,739,217 total shares. The buyback aims to enhance shareholder value.
Millicom announced the repurchase of 81,309 shares from August 5 to August 11, 2021, as part of a program initiated on July 29, 2021. The total value of shares repurchased during this period was approximately SEK 27,826,520.21. Post-purchases, Millicom holds 312,964 treasury shares, out of 101,739,217 shares outstanding. The repurchase program allows for up to SEK 870 million (around USD 100 million) or 5 million SDRs. This initiative aims to enhance shareholder value and confidence in future growth.
Millicom announced the repurchase of 53,100 Swedish Depository Receipts (SDRs) from August 2 to August 4, 2021, as part of a buyback program launched on July 29, 2021. The weighted average prices for the shares ranged from SEK 342.43 to SEK 345.47. The total repurchase program allows for purchases up to SEK 870 million (approximately USD 100 million) or 5,000,000 SDRs. Following these transactions, Millicom holds 231,655 treasury shares, with a total of 101,739,217 shares outstanding.
Millicom has authorized a share repurchase program for up to 5,000,000 Swedish Depository Receipts (SDRs) as per the resolution from the Annual General Meeting on May 4, 2021. The purpose of the buyback includes reducing share capital and fulfilling obligations under incentive plans. The program will run from August 2, 2021, until the next AGM in 2022, with total repurchases capped at SEK 870 million (approximately USD 100 million). Trading will comply with Nasdaq Nordic regulations and will be managed by an independent investment firm.
Millicom announced strong second quarter 2021 results, achieving double-digit growth in service revenue and EBITDA. The company leads the Colombian market with the best mobile network and a record number of new postpaid customers. Millicom is resuming shareholder remuneration with a $100 million share buyback program, citing excellent share value and healthy cash flow. The company aims for mid-single-digit service revenue growth and approximately 10% OCF growth over the medium term.
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