Millicom International Cellular S.A. Share Repurchase Update
Ticker: MLCMF · Form: 6-K · Filed: Mar 18, 2025 · CIK: 912958
| Field | Detail |
|---|---|
| Company | Millicom International Cellular SA (MLCMF) |
| Form Type | 6-K |
| Filed Date | Mar 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, sec-filing
TL;DR
Millicom buying back shares under Nov 29 program.
AI Summary
Millicom International Cellular S.A. filed a 6-K report on March 18, 2025, detailing share repurchase activities. On March 10, 2025, the company repurchased 344,250 Swedish Depository Receipts (SDRs) and 434,700 of its shares as part of a program announced on November 29, 2024.
Why It Matters
This filing indicates Millicom is actively buying back its shares, which can signal management's confidence in the company's valuation and potentially support the stock price.
Risk Assessment
Risk Level: low — The filing is a routine update on share repurchase activity and does not contain significant new risks.
Key Numbers
- 344,250 — SDRs Repurchased (Part of ongoing share repurchase program)
- 434,700 — Shares Repurchased (Part of ongoing share repurchase program)
Key Players & Entities
- MILLICOM INTERNATIONAL CELLULAR S.A. (company) — Registrant
- November 29, 2024 (date) — Announcement date of share repurchase program
- March 10, 2025 (date) — Date of share repurchases
- 344,250 (dollar_amount) — Number of Swedish Depository Receipts (SDRs) repurchased
- 434,700 (dollar_amount) — Number of shares repurchased
FAQ
What is the total number of shares and SDRs repurchased by Millicom as of March 10, 2025?
As of March 10, 2025, Millicom repurchased 344,250 Swedish Depository Receipts (SDRs) and 434,700 of its shares.
When was the share repurchase program announced?
The share repurchase program was announced on November 29, 2024.
What form is this SEC filing?
This is a Form 6-K report.
What is the principal executive office address of Millicom?
The principal executive office is located at 148-150, Boulevard de la Pétrusse L-2330 Luxembourg, Grand Duchy of Luxembourg.
Does Millicom file annual reports under Form 20-F or 40-F?
Millicom files annual reports under Form 20-F.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 18, 2025 regarding MILLICOM INTERNATIONAL CELLULAR SA (MLCMF).