TIM (TIMB) has released an update.
TIM S.A.’s Board of Directors convened on July 30, 2024, to approve the new Share Repurchase Program aimed at supporting its Long Term Incentive Plan and to discuss the integration of Artificial Intelligence in their operations. The repurchase plan allows for the acquisition of up to 5,040,044 shares, utilizing the company’s capital and profit reserves. The meeting also included acknowledgments of various committee activities and the approval of the quarterly financial report.
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