Telefonica Brasil (VIV) has released an update.
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.
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