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Telefonica Brasil ( (VIV) ) has shared an update.
Telefonica Brasil S.A. announced a recalculation of its Interest on Capital distribution per share due to its share buyback program. The adjusted gross amount per share has been increased slightly, impacting the net amount shareholders will receive, which will be distributed by April 30, 2025. This adjustment reflects the company’s strategic financial management and may influence shareholder value and market perception positively.
More about Telefonica Brasil
Telefonica Brasil S.A. is a leading telecommunications company in Brazil, providing mobile and fixed-line telephony services, broadband internet, and digital television. The company is a key player in the Brazilian market, focusing on delivering innovative communication solutions and enhancing connectivity across the region.
YTD Price Performance: -25.89%
Average Trading Volume: 835,350
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.54B
See more insights into VIV stock on TipRanks’ Stock Analysis page.
