StockNews.AI
TIGO
StockNews.AI
216 days

Notification of transaction by Directors of Millicom (Tigo)

1. Millicom's directors received shares from major shareholder Atlas as incentives. 2. Maxime Lombardini and Pierre-Emmanuel Durand received 11 shares each; Jules Niel received 2. 3. Directors' share transactions may reflect confidence in Millicom's future. 4. Millicom caters to over 46 million customers in Latin America. 5. Millicom employs around 15,000 people, enhancing its operational stability.

3m saved
Insight
Article

FAQ

Why Bullish?

Director share incentives often indicate confidence in company performance.

How important is it?

While not a major event, director participation in shares can positively influence investor sentiment.

Why Short Term?

Share transactions can influence immediate market perception but may stabilize over time.

Related Companies

ATLS
January 15, 2025 16:15 ET  | Source: Millicom International Cellular S.A. Notification of transaction by Directors of Millicom (Tigo)  Luxembourg, January 15, 2025 – Millicom International Cellular S.A. ("Millicom" or the “Company”) announces that, on January 11, 2025, three directors of Millicom received shares of Atlas Investissement (”Atlas”), a major indirect shareholder of the Company, pursuant to an  incentive program offered by Atlas, dated January 11, 2024, as follows: Maxime Lombardini, Chair of the Board of Directors of Millicom, received 11 Atlas sharesJules Niel, Director of Millicom, received 2 Atlas sharesPierre-Emmanuel Durand, Director of Millicom, received 11 Atlas 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 September 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 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