Millicom (Tigo) announces new shareholder remuneration policy
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Millicom (Tigo) has announced a new shareholder remuneration policy, which includes resuming regular cash dividends, aiming to sustain or grow these dividends annually, and maintaining a prudent capital structure with a leverage target of 2.0-2.5x. This policy reflects the company's focus on consistent capital return amidst the capital-intensive and volatile environment of the Latin American market.

January 14, 2025 | 9:45 pm
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Millicom (Tigo) has announced a new shareholder remuneration policy, including resuming regular cash dividends and maintaining a leverage target of 2.0-2.5x. This move is aimed at providing consistent capital returns to shareholders.
The announcement of resuming and potentially increasing dividends is likely to positively impact Millicom's stock price as it signals financial health and commitment to shareholder returns. The leverage target indicates a focus on maintaining financial stability, which is reassuring for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100