Millicom (Tigo) share repurchase activity
Luxembourg, December 23, 2024 - Pursuant to the share repurchase program announced on November 29, 2024, Millicom repurchased 455,000 of its Swedish Depository Receipts (SDRs) between December 16, 2024, and December 20, 2024, as detailed in the table below.
| Trade Date | Number of SDRs repurchased | Daily average price paid* (SEK) | Daily repurchase amount* (SEK) |
| 2024-12-16 | 105 000 | 270.5982 | 28 412 811 |
| 2024-12-18 | 115 000 | 271.8625 | 31 264 188 |
| 2024-12-19 | 115 000 | 269.9605 | 31 045 458 |
| 2024-12-20 | 120 000 | 268.5334 | 32 224 008 |
* Excluding commissions
All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. Following the purchases, Millicom holds 1,724,640 treasury shares as of December 20, 2024. The total number of shares outstanding in Millicom is 172,096,305.
The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website:
https://www.nasdaq.com/european-market-activity/news/corporate-actions/repurchase-of-own-shares
-END-
For further information, please contact:
| Press: Sofía Corral, Director Corporate Communications press@millicom.com | Investors: Michel Morin, VP Investor Relations investors@millicom.com |
About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of September 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people, and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
