Telefonica Brasil ( (VIV) ) has shared an announcement.
On February 25, 2025, Telefonica Brasil announced the conclusion of its previous share buyback program, which began on March 4, 2024, having acquired nearly 30 million shares. The company also unveiled a new buyback program for 2025-2026, aiming to purchase up to 34.7 million shares with a budget of R$1.75 billion, intending to enhance shareholder value and optimize capital allocation.
More about Telefonica Brasil
Telefonica Brasil S.A. operates in the telecommunications industry, providing a range of services including mobile and fixed-line telephony, broadband, and digital solutions. The company primarily focuses on the Brazilian market, where it is a leading provider of telecommunications services.
YTD Price Performance: 18.82%
Average Trading Volume: 962,146
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $14.82B
Find detailed analytics on VIV stock on TipRanks’ Stock Analysis page.