Millicom Distributes Shares to Board of Directors
Ticker: MLCMF · Form: 6-K · Filed: Jul 31, 2024 · CIK: 912958
| Field | Detail |
|---|---|
| Company | Millicom International Cellular SA (MLCMF) |
| Form Type | 6-K |
| Filed Date | Jul 31, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: remuneration, shares, director compensation
TL;DR
Millicom just gave its board 31,682 shares as part of their pay.
AI Summary
Millicom International Cellular S.A. announced on July 30, 2024, that it distributed 31,682 shares to its Board of Directors. This distribution represents the share-based portion of director remuneration, as approved by shareholders at the annual general meeting on May 23, 2024.
Why It Matters
This action fulfills a shareholder-approved remuneration plan, aligning director interests with the company's performance through share ownership.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of director remuneration distribution, with no immediate financial or operational risks indicated.
Key Numbers
- 31,682 — Shares Distributed (Represents the share-based portion of director remuneration.)
Key Players & Entities
- Millicom International Cellular S.A. (company) — Registrant
- 31,682 shares (dollar_amount) — Shares distributed to directors
- May 23, 2024 (date) — Date of shareholder approval
- July 30, 2024 (date) — Date of press release and distribution
FAQ
What is the total number of shares distributed to the Board of Directors?
A total of 31,682 shares were distributed to members of the Board of Directors.
When was the distribution of shares approved?
The distribution was approved by shareholders at the annual general meeting held on May 23, 2024.
What does this share distribution represent?
This distribution represents the share-based portion of director remuneration.
What is the name of the company filing this report?
The company filing this report is Millicom International Cellular S.A.
On what date was the press release regarding this distribution issued?
The press release was dated July 30, 2024.
Filing Stats: 401 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2024-07-31 06:03:31
Filing Documents
- dp215748_6k.htm (6-K) — 16KB
- image_002.jpg (GRAPHIC) — 3KB
- image_001.jpg (GRAPHIC) — 5KB
- 0000950103-24-011245.txt ( ) — 30KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MILLICOM INTERNATIONAL CELLULAR S.A. (Registrant) By: /s/ Salvador Escalón Name: Salvador Escalón Title: Executive Vice President, Chief Legal and Compliance Officer Date: July 30, 2024