Millicom International Cellular is a holding company. Through its subsidiaries, Co. is a provider of cable and mobile services. Through its main brands Tigo® and Tigo Business™, Co. provides a range of digital services in Latin America. Co. provides the following principal categories of services: mobile, including mobile data, mobile voice, and Mobile Financial Services to consumer, business and government customers; and cable and other fixed services, including broadband, pay-TV, content, and fixed voice services for residential (Home) customers, as well as voice, data and value added services and solutions to business and government customers. We show 4 historical shares outstanding datapoints in our TIGO shares outstanding history coverage, used to compute TIGO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TIGO market cap history over the course of time is important for investors
interested in comparing TIGO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TIGO versus a peer is one thing; comparing
TIGO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TIGO can fluctuate over the course of history.
With this page we aim to empower investors researching TIGO by allowing them to research the TIGO market cap history. |
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Video: The Importance of Market Cap
