The latest announcement is out from Millicom International Cellular SA ( (TIGO) ).
Millicom International Cellular S.A. announced its share repurchase activities conducted in March 2025, as part of a program initiated in November 2024. The company repurchased a significant number of Swedish Depository Receipts and common shares, enhancing its treasury shares and potentially impacting shareholder value. Additionally, Millicom’s Nomination Committee proposed changes to its Board of Directors ahead of the May 2025 Annual General Meeting, including the election of Pierre-Alain Allemand and the re-election of several current members. These strategic moves are poised to strengthen Millicom’s governance and align its leadership with its growth objectives.
More about Millicom International Cellular SA
Millicom International Cellular S.A., headquartered in Luxembourg, is a prominent provider of fixed and mobile telecommunications services across Latin America. Operating under the TIGO and Tigo Business brands, the company offers a diverse range of digital services, including mobile financial services through TIGO Money, local entertainment via TIGO Sports, pay TV with TIGO ONEtv, high-speed data, voice services, and business solutions such as cloud and security. As of the end of 2024, Millicom served over 46 million customers, with a fiber-cable network reaching more than 14 million homes.
YTD Price Performance: 25.95%
Average Trading Volume: 511,121
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.11B
For detailed information about TIGO stock, go to TipRanks’ Stock Analysis page.