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Millicom (Tigo) share repurchase activity

Millicom International Cellular S.A.
Millicom International Cellular S.A.

Millicom (Tigo) share repurchase activity

Luxembourg, January 19, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 228,599 of its Swedish Depository Receipts (SDRs) between January 15, 2024 and January 19, 2024, as detailed in the table below.

Trade Date

Number of SDRs repurchased

Daily average price paid* (SEK)

Daily repurchase amount* (SEK)

01/15/2024

47,000

191.7895

9,014,107

01/16/2024

56,148

188.8929

10,605,959

01/17/2024

59,791

184.5259

11,032,988

01/18/2024

18,700

187.4838

3,505,947

01/19/2024

46,960

186.7450

8,769,545

* Excluding commissions

All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. Following the purchases, Millicom holds 877,254 treasury shares as of January 19, 2024. The total number of shares outstanding in Millicom is 172,096,305.

The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”). A full breakdown of the transactions is attached to this press release. For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares

For further information, please contact:

Press:
Sofía Corral, Communications Director
press@millicom.com

Investors:
Michel Morin, VP Investor Relations
investors@millicom.com

About Millicom

Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of September 30, 2023, Millicom, including its Honduras Joint Venture, employed approximately 19,000 people and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint over 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.

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