STOCK TITAN

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.

News
Rhea-AI Summary
Millicom's subsidiary Tigo Colombia has agreed to sell approximately 1,100 wireless communications towers to affiliates of investment funds managed by KKR, a leading global investment firm. KKR plans to work in partnership with NEXO LatAm, a digital infrastructure platform that supports the implementation of KKR's infrastructure strategy throughout Latin America. The transaction includes a long-term lease agreement, enhancing operational and capital efficiency in Colombia. KKR is making the investment through its KKR Global Infrastructure Investors IV fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
-
Rhea-AI Summary
Millicom (Tigo) has repurchased 228,599 of its Swedish Depository Receipts (SDRs) between January 15, 2024, and January 19, 2024. The company holds 877,254 treasury shares as of January 19, 2024, with a total of 172,096,305 shares outstanding. All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. 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').
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
-
Rhea-AI Summary
Millicom (Tigo) announced the repurchase of 136,599 of its Swedish Depository Receipts (SDRs) between January 8, 2024, and January 12, 2024, as part of the share repurchase program. The purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited. Following the purchases, Millicom holds 648,655 treasury shares as of January 12, 2024, out of a total of 172,096,305 shares outstanding. 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').
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
Rhea-AI Summary
Millicom (Tigo) (MIIC) repurchased 142,239 of its Swedish Depository Receipts (SDRs) between January 2, 2024, and January 5, 2024. The total number of shares outstanding in Millicom is 172,096,305. All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. 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').
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
-
Rhea-AI Summary
Millicom (Tigo) (TIGO) repurchased 170,724 of its Swedish Depository Receipts (SDRs) between December 19, 2023, and December 22, 2023. The total number of shares outstanding in Millicom is 172,096,305. The repurchase program is consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 ('Safe Harbour Regulation').
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
buyback
-
Rhea-AI Summary
Millicom (Tigo) (TIGO) raises target for cumulative Equity Free Cash Flow (EFCF) to around $600 million for 2022-2024 period and launches share repurchase program to fund employee share plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
buyback
News
Rhea-AI Summary
Millicom announces Q3 2023 results, with revenue growing 2.6% and operating profit increasing 6.8%. Service revenue increased 1.8% organically. Operating cash flow increased 23.3% to $353 million. Equity free cash flow was $100 million in Q3 2023. Millicom reiterates guidance of cumulative EFCF of at least $500 million for the 2022-2024 period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
earnings
-
Rhea-AI Summary
Millicom (Tigo) has announced the formation of the Nomination Committee for the 2024 Annual General Meeting. The committee includes representatives from the largest shareholders and the Chair of the Board of Directors. Shareholders can submit their candidate proposals to the Company Secretary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
none
-
Rhea-AI Summary
Millicom (Tigo) will announce its third quarter 2023 results on October 26, 2023, and host a video conference for the global financial community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
earnings
Rhea-AI Summary
Millicom and EPM agree to jointly capitalize Tigo-UNE
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
none
Millicom International Cellular S.A.

Nasdaq:TIGO

TIGO Rankings

TIGO Stock Data

3.47B
120.36M
0.48%
12.53%
0.06%
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.