tiprankstipranks
Company Announcements

Telefônica Brasil Approves Amendments to Incentive Plans

Story Highlights
Telefônica Brasil Approves Amendments to Incentive Plans

Telefonica Brasil ( (VIV) ) has provided an update.

On February 20, 2025, Telefônica Brasil S.A. held its 485th Board of Directors meeting, where they unanimously approved a specific amendment to the Performance Unit Incentive Plans with cash settlement. This decision, following the recommendation of the Nominations, Compensation, and Corporate Governance Committee, reflects the company’s ongoing commitment to refining its incentive structures, potentially impacting its operational efficiency and stakeholder engagement.

More about Telefonica Brasil

Telefônica Brasil S.A., operating as Telefonica Brazil, is a major telecommunications company in Brazil, providing a range of services including mobile and fixed telephony, broadband, and digital services. The company is a key player in the Brazilian telecommunications market, focusing on enhancing connectivity and digital transformation.

YTD Price Performance: 18.82%

Average Trading Volume: 962,146

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $14.82B

See more insights into VIV stock on TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1