Millicom Announces New Shareholder Remuneration Policy

TL;DR

Millicom's board approved a new shareholder payout plan targeting $500M+ in 2025 via dividends/buybacks.

AI Summary

Millicom International Cellular S.A. announced on January 14, 2025, a new shareholder remuneration policy approved by its Board of Directors. This policy aims to return capital to shareholders through dividends and share buybacks, with an initial target of returning at least $500 million in 2025.

Why It Matters

This policy signals Millicom's commitment to returning value to its investors, potentially impacting its stock price and investor confidence.

Risk Assessment

Risk Level: low — The filing is a routine announcement of a new shareholder remuneration policy, not indicating any immediate financial distress or significant operational changes.

Key Numbers

• $500 million — Capital Return Target (Initial target for shareholder remuneration in 2025)

Key Players & Entities

• Millicom International Cellular S.A. (company) — Registrant
• Millicom (Tigo) (company) — Company Name
• Board of Directors (company) — Approving Body
• $500 million (dollar_amount) — Initial target for capital return in 2025
• January 14, 2025 (date) — Announcement Date

FAQ

Key Financial Figures

• $1.00 — ity. Following the interim dividend of $1.00/share paid on January 10, the Board int
• $0.75 — Q4 2024 results, as follows: · $0.75/share to be paid in April 2025 Furthe
• $3.00 — xembourg on May 21, 2025, a dividend of $3.00 per share payable in four equal quarter

Filing Documents

• dp223445_6k.htm (6-K) — 26KB
• image_002.jpg (GRAPHIC) — 4KB
• image_001.jpg (GRAPHIC) — 5KB
• 0000950103-25-000488.txt ( ) — 39KB

Forward-Looking Statements

Forward-Looking Statements dividend and the timing of such payment, the payment of the dividend in four quarterly instalments and the timing of such payments, and the proposal to sustain or grow cash dividends every year and the proposal to maintain a prudent capital structure are forward-looking the proposals to sustain and grow cash dividends are dependent in particular upon the performance of the Company which is subject to risks and uncertainties. In the event such risks or uncertainties materialize, Millicom’s results and its ability to pay the interim dividend or the dividend, or to sustain and grow the dividend, could be materially adversely affected. A list and description of such risks, uncertainties and other matters can be found under the heading “Risk Factors” in Millicom’s Annual Report on Form 20-F for the year ended December 31, 2023, which is available on the website of the U.S. Securities and Exchange Commission at www.sec.gov. All forward-looking statements attributable to Millicom or any person acting on its behalf are expressly qualified in their entirety by this cautionary statement. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Except to the extent otherwise required by applicable law, Millicom does not undertake any obligation to update or revise

forward-looking statements, whether as a result of new information, future events or otherwise

forward-looking statements, whether as a result of new information, future events or otherwise.

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: January 14, 2025

View Full Filing

View this 6-K filing on SEC EDGAR