Millicom Repurchases 277,905 SDRs
Ticker: MLCMF · Form: 6-K · Filed: Dec 10, 2024 · CIK: 912958
| Field | Detail |
|---|---|
| Company | Millicom International Cellular SA (MLCMF) |
| Form Type | 6-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, sdr, company-update
TL;DR
Millicom bought back 277,905 SDRs last week as part of its ongoing repurchase plan.
AI Summary
Millicom International Cellular S.A. announced on December 9, 2024, that it repurchased 277,905 of its Swedish Depository Receipts (SDRs) between December 2 and December 6, 2024. This activity is in line with the share repurchase program previously announced on November 29, 2024.
Why It Matters
This repurchase indicates the company is actively managing its share count, potentially signaling confidence in its valuation or a strategy to return capital to shareholders.
Risk Assessment
Risk Level: low — The filing is a routine update on share repurchase activity and does not introduce new financial or operational risks.
Key Numbers
- 277,905 — SDRs Repurchased (Represents shares bought back by Millicom between Dec 2-6, 2024.)
Key Players & Entities
- Millicom International Cellular S.A. (company) — Registrant
- 277,905 (dollar_amount) — Number of SDRs repurchased
- December 9, 2024 (date) — Announcement date of repurchase activity
- December 2, 2024 (date) — Start date of repurchase activity
- December 6, 2024 (date) — End date of repurchase activity
- November 29, 2024 (date) — Date of initial share repurchase announcement
FAQ
What was the total number of Swedish Depository Receipts (SDRs) repurchased by Millicom?
Millicom repurchased 277,905 SDRs.
During what period did the share repurchases occur?
The repurchases occurred between December 2, 2024, and December 6, 2024.
Is this repurchase activity related to a prior announcement?
Yes, it is pursuant to the share repurchases announced on November 29, 2024.
What is the company's full name as stated in the filing?
The company's full name is MILLICOM INTERNATIONAL CELLULAR S.A.
What is the filing form type and date?
The filing is a Form 6-K, filed as of December 10, 2024, reporting for the month of December 2024.
Filing Stats: 444 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2024-12-10 06:02:49
Filing Documents
- dp221846_6k.htm (6-K) — 28KB
- image_008.jpg (GRAPHIC) — 4KB
- image_009.jpg (GRAPHIC) — 5KB
- 0000950103-24-017476.txt ( ) — 41KB
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: December 10, 2024