Telefonica Brasil (VIV) has released an update.
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Telefônica Brasil S.A. has announced the approval of its 2nd Incentive Plan, aimed at key managers, to drive shareholder value and meet strategic goals through cash-settled performance units over three cycles between 2024 and 2028. The Plan aligns with best market practices and will not result in shareholder dilution since it is cash-based. Detailed information about the Plan is available on the company’s and regulatory websites.
For further insights into VIV stock, check out TipRanks’ Stock Analysis page.