Millicom's (TIGO) Ongoing Share Repurchase Program Progress

In a continuation of its share buyback strategy, Millicom International Cellular SA, known under its brand Tigo and operating with the stock ticker TIGO.C, has recently revealed its latest share repurchase activity. From February 5, 2024, to February 9, 2024, the company has strategically repurchased 259,845 of its Swedish Depository Receipts (SDRs). This repurchase activity is a part of the program that was publicly announced on December 15, 2023.

Detailed Share Repurchase Information

The share repurchase initiative falls within Millicom's broader capital allocation strategy, aimed at enhancing shareholder value. Millicom's focus on their TIGO.C SDRs, represents the company's confidence in its own growth prospects and its continued commitment to its investors. Throughout this specified period, the company has diligently executed its repurchase plan.

About Millicom International Cellular SA

With its headquarters nestled in Luxembourg, Millicom International Cellular SA offers a wide array of mobile and cable services across Latin America and Africa. They conduct operations under the ticker TIGO.C distinguishing itself in emerging markets with its robust telecommunications services.

Citigroup Inc Background

Meanwhile, Citigroup Inc, operating under the stock ticker C, is an established American multinational investment bank and financial services corporation based in New York City. The company's legacy began with the merger of Citicorp and Travelers Group in 1998 and has since been a major player in the global finance industry. Citigroup presents itself as a conglomerate of widespread international banking and financial services, and is incorporated in Delaware.

Millicom, TIGO, Repurchase