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Telefônica Brasil’s Audit Committee Approves 2024 Financials and Profit Allocation

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Telefônica Brasil’s Audit Committee Approves 2024 Financials and Profit Allocation

Telefonica Brasil ( (VIV) ) has provided an announcement.

On February 19, 2025, Telefônica Brasil S.A. held its 170th Audit and Control Committee meeting where the company’s financial statements for the fiscal year ending December 31, 2024, were appraised. The committee, along with representatives from independent auditors, reviewed the financial position and performance of the company, concluding with a favorable opinion on the financial statements and annual management report. Additionally, the committee endorsed the proposal for the allocation of net profits for the same fiscal year, recommending approval by the Board of Directors.

More about Telefonica Brasil

Telefônica Brasil S.A., operating under the brand Vivo, is a leading telecommunications company in Brazil. It offers a wide range of services including mobile and fixed-line telephony, broadband, and pay television, focusing on both individual and corporate clients across the Brazilian market.

YTD Price Performance: 18.82%

Average Trading Volume: 962,146

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $14.82B

See more insights into VIV stock on TipRanks’ Stock Analysis page.

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