Telefonica Brasil ( (VIV) ) has provided an announcement.
Telefonica Brasil S.A. announced the approval and amendment of its second Incentive Plan via Performance Units with Cash Settlement, initially approved on June 12, 2024, and amended on February 20, 2025. This plan is part of the company’s long-term incentive strategy, aiming to align the interests of key management with the company’s strategic goals and shareholder value creation. The plan spans five years, divided into three cycles, each lasting three years, with the first cycle starting on January 1, 2024, and ending on December 31, 2026. The plan is designed to retain and enhance the performance of managers in key positions by offering a competitive incentive package.
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 television. The company is a key player in the Brazilian market, focusing on delivering innovative communication solutions to its customers.
YTD Price Performance: 18.82%
Average Trading Volume: 962,146
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $14.82B
See more data about VIV stock on TipRanks’ Stock Analysis page.