Telefonica Brasil ( (VIV) ) has shared an update.
Telefônica Brasil S.A. has amended its Incentive Plan via Performance Units, initially approved on October 25, 2022, with changes made on February 20, 2025. This plan, part of the Telefônica Group’s global strategy, aims to align the interests of key managers with the company’s strategic goals and shareholder value. The plan is structured into two cycles, each lasting three years, with the first cycle running from January 1, 2022, to December 31, 2024, and the second from January 1, 2023, to December 31, 2025. The plan’s success will be evaluated at the end of each cycle, with cash settlements scheduled for 2025 and 2026 if objectives are met.
More about Telefonica Brasil
Telefônica Brasil S.A., operating as Telefonica Brazil, is a major player in the telecommunications industry, providing a range of services including mobile and fixed telephony, broadband, and digital services. The company is focused on the Brazilian market, aiming to align its strategic objectives with shareholder value creation.
YTD Price Performance: 18.82%
Average Trading Volume: 962,146
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $14.82B
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