Telefonica Brasil ( (VIV) ) has provided an announcement.
On February 27, 2025, Telefônica Brasil S.A. announced a recalculation of the amount per share to be paid as a result of a social capital reduction approved at an Extraordinary Shareholders’ Meeting on December 18, 2024. The adjustment was made due to the company’s share buyback program, resulting in a slight increase in the amount per share from R$1.2265 to R$1.2334. This recalibration reflects the company’s ongoing efforts to optimize shareholder value, with payments scheduled for July 15, 2025, based on shareholding positions as of February 27, 2025.
More about Telefonica Brasil
Telefônica Brasil S.A., also known as Telefonica Brazil, is a publicly-held company based in São Paulo, Brazil. It operates in the telecommunications industry, providing a range of services including mobile and fixed-line telephony, broadband, and digital services to consumers and businesses across Brazil.
YTD Price Performance: 13.66%
Average Trading Volume: 961,685
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $13.87B
See more data about VIV stock on TipRanks’ Stock Analysis page.