StockNews.AI
TIGO
StockNews.AI
171 days

Notification of transaction by an Officer of Millicom (Tigo)

1. Millicom's Chief Legal Officer sold 10,991 shares on Feb 27, 2025. 2. Sale occurred under a 10b5-1 plan at $28.85 per share. 3. Current ownership for Salvador Escalon is now 151,410 shares. 4. Millicom provides extensive telecom services in Latin America. 5. The company serves over 46 million customers with a large fiber footprint.

3m saved
Insight
Article

FAQ

Why Neutral?

Insider selling alone does not indicate company distress or growth potential.

How important is it?

Insider sales can cause speculation but are not definitive for future performance.

Why No Impact?

Short-term trades by insiders typically do not affect long-term stock performance.

Related Companies

AMXLAMRVIV
Notification of transaction by an Officer of Millicom (Tigo)  Luxembourg, March 1, 2025 – Millicom International Cellular S.A. ("Millicom" or the “Company”) announces that, on February 27, 2025, under an existing 10b5-1 plan, Mr. Salvador Escalon, Chief Legal and Compliance Officer, sold 10,991 Millicom shares in the open market at an average price of $28.8473 per share. As a result, Salvador Escalon currently owns 151,410 shares. Details of the transaction are recorded on the personal trading section of Millicom’s website.  For further information, please contact: 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 December 31, 2024, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg. 

Related News