Latest news with #interimdividend
Yahoo
3 days ago
- Business
- Yahoo
Millicom (Tigo) declares $2.50 per share interim dividend to be paid in two equal installments on October 15, 2025 and April 15, 2026
Luxembourg, August 6, 2025 – In line with the press release published on June 13, 2025, the Board of Directors of Millicom International Cellular S.A. ('Millicom') approved the interim dividend of $2.50 per share, to be paid in two equal installments of $1.25 per share on October 15, 2025 and April 15, 2026. Other important dates and information relating to the Interim Dividend are as follows: First Installment Interim Dividend Payment First Installment Interim Dividend Record Date: October 8, 2025. The first installment of the Interim Dividend Payment of $1.25 per share will be paid to shareholders who are registered in the U.S. with Broadridge (including DTCC) on October 8, 2025, at 23.59 CET. Ex-Dividend Date: October 8, 2025. The last trading day on which shares acquired will be eligible to receive the First Installment Interim Dividend Payment will be October 7, 2025. Currency: The dividends will be paid in U.S. dollars. First Installment Interim Dividend Payment: On October 15, 2025. Second Installment Interim Dividend Payment Second Installment Interim Dividend Record Date: April 8, 2026. The Second Installment Interim Dividend Payment of $1.25 per share will be paid to shareholders who are registered in the US with Broadridge (including DTCC), on April 8, 2026, at 23.59 CET. Ex-Dividend Date: April 8, 2026. The last trading day on which shares acquired will be eligible to receive the Second Installment Interim Dividend Payment will be April 7, 2026. Currency: The dividends will be paid in U.S. dollars. The Second Installment Interim Dividend Payment Date: On April 15, 2026. In accordance with Luxembourg income tax law, the payment of the Interim Dividend will be subject to a 15% withholding tax. Millicom will withhold the 15% withholding tax and pay this amount to the Luxembourg tax administration. The Interim Dividend will be paid net of withholding tax. However, under certain conditions a reduced withholding tax rate may apply. Millicom shareholders should consult their tax advisors regarding potential tax implications. -END- For further information, please contact Press: Sofía Corral, Director Corporate Communicationspress@ Investors: Investor Relations investors@ About Millicom Millicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides 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 March 31, 2025, 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 with principal executive offices in Doral, Florida.
Zawya
3 days ago
- Business
- Zawya
ADNOC Gas announces record second quarter performance, demonstrating resilience in lower price environment
Board approves interim dividend of $1.792 billion, a 5% increase YoY, to be distributed in September ADNOC Gas on track for entry into FTSE Index in September 2025 Abu Dhabi, UAE: ADNOC Gas plc and its subsidiaries (together referred to as 'ADNOC Gas' or the 'Company') (ADX symbol: ADNOCGAS / ISIN: AEE01195A234), a world-class integrated gas processing and sales company, today announced Q2 2025 results, with net income rising by 16% year-on-year (YoY) to a record $1.385 billion and EBITDA increasing by 8% YoY to $2.256 billion. Q2 2025 saw a strong performance across ADNOC Gas' product portfolio, especially in the local gas market. The Company serves local customers under long-term contracts with competitive prices and improved underlying margins. ADNOC Gas also capitalized on opportunities to sell additional volumes at favourable prices, in the local gas market and in the export market as Liquified Natural Gas (LNG). The Q2 results show that the Company's product portfolio is resilient to oil price volatility. The Board of Directors approved an interim dividend of $1.792 billion, up 5% YoY, scheduled for distribution in September. Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said: 'We are pleased to report the highest quarterly net income in ADNOC Gas' history, fueled by our strong local market business and improved operational efficiency. This performance shows that we are well on our way to achieving our ambition of over 40% EBITDA growth between 2023 and 2029*, as outlined in our strategy update last November. With healthy cashflows and robust margins, we remain well-positioned for long-term growth, and our resilient business model continues to deliver strong returns.' In the first half of 2025, ADNOC Gas increased Capex by 49% YoY. The Company made significant progress with its strategic initiatives, including the $5 billion Final Investment Decision on the first phase of its Rich Gas Development project (RGD), which takes the committed Capex to $20 billion. In the near and medium term, the Company expects to deliver the Integrated Gas Development Expansion – Phase 2 (IGDE-2), Maximizing Ethane Recovery and Monetization (MERAM), and to take the investment decision on the remaining two phases of the RGD project. Furthermore, ADNOC Gas is progressing other growth projects, like the Ruwais LNG project to capture an increasing share of the LNG market. LNG is a valuable and growing part of the Company's product portfolio. Overall, the growth projects will further strengthen ADNOC Gas' product portfolio allowing for additional revenue streams and improved margins. Following its inclusion in the MSCI Emerging Markets Index in June 2025, ADNOC Gas experienced a significant net capital inflow of approximately $500 million. The Company is now on course to join the FTSE Index in September 2025, with market estimates of added inflows of over $200 million, further elevating its global investment profile and diversifying its investor base, thereby significantly enhancing liquidity and trading volumes. ADNOC Gas continued its AI journey with the roll out of MEERAi at its most recent Board of Directors meeting. MEERAi is the latest addition to the suite of AI Agents being deployed across ADNOC's value chain. Purpose-built for leadership use, MEERAi delivers real-time data-driven insights that enable the board of directors to make faster, more informed decisions. About ADNOC Gas ADNOC Gas, listed on the ADX (ADX symbol: 'ADNOCGAS' / ISIN: 'AEE01195A234'), is a world-class, large-scale integrated gas processing and sales company operating across the gas value chain, from receipt of feedstock from ADNOC through large, long-life operations for gas processing and fractionation to the sale of products to domestic and international customers. ADNOC Gas supplies approximately 60% of the UAE's sales gas needs and supplies end-customers in over 20 countries. To find out more, visit: (X) @ADNOCGas For investor inquiries, please contact: Richard Griffith Vice President, Investor Relations +971 (2) 6037445 ir@ For media inquiries, please contact: Colin Joyce Vice President, Corporate Communications +971 (2) 6037444 Media (ADNOC Gas) PO Box 665, Abu Dhabi, UAE ADNOC GAS
