Millicom Approves $3-Per-Share Dividend and Greenlights Share Repurchase Plan
Millicom shareholders approved all eight directors including Chair Maxime Lombardini and re-elected KPMG as external auditor. They authorized a $3 per share dividend to be paid in four equal installments between July 2026 and April 2027 and approved a new share repurchase plan.
1. Resolutions Adopted at AGM
At the AGM held on May 20, 2026, shareholders approved all resolutions proposed by the Board of Directors, including annual accounts, allocation of net profits and discharge of current and former directors. The meeting also set the board size at eight directors.
2. Board Elections and Auditor Re-Election
Shareholders re-elected María Teresa Arnal, Bruce Churchill, Blanca Treviño de Vega, Jules Niel, Pierre-Emmanuel Durand, Maxime Lombardini, Justine Dimovic and Pierre Alain Allemand to the board, with Maxime Lombardini retaining the chair role. KPMG was re-appointed as Millicom’s external auditor and existing director and auditor remuneration was approved.
3. Dividend Distribution Details
A dividend of USD 3 per share was approved to be paid in four equal installments on or around July 15, 2026; October 15, 2026; January 15, 2027; and April 15, 2027. The dividend will be allocated from unappropriated net profits for the year ended December 31, 2025.
4. Share Repurchase Plan Approval
Shareholders authorized a new share repurchase plan aimed at buying back shares to support capital structure and shareholder returns. Specific details regarding the size and timeline of the repurchase plan will be disclosed in forthcoming corporate documents.