Telefonica Brasil (VIV) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Telefonica Brasil S.A. is proposing a significant reduction of R$2 billion in its capital stock, which will return funds to shareholders without affecting the number of shares. This strategic move is set to adjust the company’s capital structure and is subject to approval at an extraordinary general meeting.
For further insights into VIV stock, check out TipRanks’ Stock Analysis page.
