Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest announcement is out from Millicom International Cellular SA ( (TIGO) ).
Millicom International Cellular S.A. announced the repurchase of 400,821 Swedish Depository Receipts and 146,632 common shares as part of its ongoing share repurchase program. Conducted between January 6 and January 10, 2025, the repurchases were made on the Nasdaq Stockholm and Nasdaq Stock Market, adhering to regulatory provisions. These actions aim to optimize the company’s capital structure and enhance shareholder value, now holding 2,519,830 treasury shares.
More about Millicom International Cellular SA
Millicom International Cellular S.A., known through its brands TIGO and Tigo Business, is a leading telecommunications provider in Latin America. The company offers a range of digital services including mobile financial services, local entertainment, pay TV, high-speed data, and business solutions such as cloud and security. Headquartered in Luxembourg, Millicom employs around 15,000 people and serves over 46 million customers, with a significant fiber-cable infrastructure.
YTD Price Performance: -0.72%
Average Trading Volume: 135,819
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.11B
Find detailed analytics on TIGO stock on TipRanks’ Stock Analysis page.
