Telefonica Brasil (VIV) has released an update.
Telefonica Brasil has announced an upcoming Extraordinary Shareholders’ Meeting scheduled for December 18, 2024. The agenda includes a proposal to reduce the company’s capital stock by R$2 billion and adjust its bylaws accordingly. Shareholders can vote in person, by proxy, or remotely, as the company aims to streamline its administrative structure.
For further insights into VIV stock, check out TipRanks’ Stock Analysis page.