Millicom Calls May 20, 2026 AGM, Proposes Dividend and Share Buyback Plan

Millicom International Cellular SA ( (TIGO) ) has issued an update.

Millicom International Cellular S.A. has convened its annual general meeting of shareholders for May 20, 2026, in Luxembourg, setting May 6 as the voting record date and outlining procedures for proxy and in-person participation for Nasdaq-listed shareholders. The AGM agenda includes approval of the 2025 annual and consolidated accounts, allocation of 2025 results to retained earnings, a proposed dividend of USD 3 per share in four installments through April 2027, discharge of directors for 2025, re-election of eight directors and the board chair through the 2027 AGM, approval of directors’ remuneration, re-appointment of KPMG as external auditor, and authorization of a share repurchase plan, signaling continued capital-return measures and governance continuity for investors.

The most recent analyst rating on (TIGO) stock is a Buy with a $89.00 price target. To see the full list of analyst forecasts on Millicom International Cellular SA stock, see the TIGO Stock Forecast page.

Spark’s Take on TIGO Stock

According to Spark, TipRanks’ AI Analyst, TIGO is a Outperform.

The score is driven by a strong 2025 profitability/cash-generation inflection and attractive valuation (low P/E and solid dividend). Momentum is positive technically but appears overbought. The main risk tempering the score is leverage and the earnings-call flagged near-term leverage pressure and restructuring/integration costs in 2026.

To see Spark’s full report on TIGO stock, click here.

More about Millicom International Cellular SA

Millicom International Cellular S.A. is a Luxembourg-based telecommunications and cable operator that provides mobile, broadband, and digital services, with its shares traded on the Nasdaq Stock Market in the U.S. under the ticker symbol TIGO. The company targets international markets and operates through a network of subsidiaries and affiliates, supported by an external auditor and a multinational shareholder base.

Average Trading Volume: 1,296,837

Technical Sentiment Signal: Buy

Current Market Cap: $12.85B

For a thorough assessment of TIGO stock, go to TipRanks’ Stock Analysis page.