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Millicom International Cellular SA ( (TIGO) ) just unveiled an update.
Millicom International Cellular S.A. announced a share repurchase activity where it bought back 400,689 Swedish Depository Receipts (SDRs) as part of a program initiated in late November 2024. Conducted through Nasdaq Stockholm by Citigroup Global Markets Limited, this action reflects Millicom’s strategic financial management, potentially improving shareholder value and demonstrating confidence in its market position.
More about Millicom International Cellular SA
Millicom International Cellular S.A., operating under the TIGO and Tigo Business brands, is a leading telecommunications provider in Latin America, offering fixed and mobile services, digital products like TIGO Money for mobile financial services, TIGO Sports for entertainment, and TIGO ONEtv for pay TV. The company serves over 46 million customers, with a substantial fiber-cable presence, and is headquartered in Luxembourg.
YTD Price Performance: 38.33%
Average Trading Volume: 99,601
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.29B
For an in-depth examination of TIGO stock, go to TipRanks’ Stock Analysis page.
