Millicom (Tigo) intends to consolidate listing of shares on NASDAQ U.S. by delisting SDRs from Nasdaq Stockholm and resumes shareholder remuneration
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Millicom (Tigo) plans to consolidate its share listing on NASDAQ U.S. by delisting its Swedish Depository Receipts (SDRs) from Nasdaq Stockholm. The company also resumes shareholder remuneration.
November 29, 2024 | 2:00 pm
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POSITIVE IMPACT
NASDAQ U.S. may see increased activity and liquidity from Millicom's decision to consolidate its listing there, potentially benefiting the exchange.
Millicom's decision to consolidate its listing on NASDAQ U.S. could lead to increased trading volume and liquidity on the exchange, which may positively impact NASDAQ's business.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Millicom (Tigo) is consolidating its listing on NASDAQ U.S. by delisting SDRs from Nasdaq Stockholm, which may streamline its trading and potentially increase liquidity. The resumption of shareholder remuneration is a positive signal for investors.
The consolidation of listings to NASDAQ U.S. could simplify trading and improve liquidity for Millicom shares. Resuming shareholder remuneration is a positive development, likely to boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100