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Millicom Declares Interim Dividend and Plans Nasdaq Stockholm Delisting

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Millicom Declares Interim Dividend and Plans Nasdaq Stockholm Delisting

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

Millicom International Cellular S.A. announced an interim dividend of $0.75 per share, to be paid on April 15, 2025, to shareholders registered by April 8, 2025. The company also plans to delist from Nasdaq Stockholm, with the SDR program ending around March 17, 2025. This move may impact shareholders, especially regarding tax implications due to Luxembourg’s withholding tax laws.

More about Millicom International Cellular SA

Millicom International Cellular S.A., headquartered in Luxembourg, is a prominent provider of fixed and mobile telecommunications services in Latin America. Operating under the TIGO and Tigo Business brands, the company offers a variety of digital services, including mobile financial services, local entertainment, pay TV, high-speed data, voice, and business solutions such as cloud and security. As of September 2024, Millicom served over 46 million customers and had a fiber-cable footprint reaching approximately 14 million homes.

YTD Price Performance: 16.03%

Average Trading Volume: 285,349

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.77B

See more insights into TIGO stock on TipRanks’ Stock Analysis page.

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