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TIM S.A. Announces R$ 200 Million Interest Distribution to Shareholders

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TIM S.A. Announces R$ 200 Million Interest Distribution to Shareholders

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TIM ( (TIMB) ) has shared an announcement.

On February 10, 2025, TIM S.A. announced a significant financial move as its Board of Directors approved the distribution of R$ 200 million as Interest on Shareholders’ Equity, scheduled for payment by April 22, 2025. This decision reflects the company’s commitment to shareholder value and may impact its market positioning by potentially enhancing investor confidence.

More about TIM

TIM S.A. is a publicly-held company in Brazil, primarily operating in the telecommunications industry. The company is listed on B3 and NYSE, focusing on providing communication services to a wide range of customers.

YTD Price Performance: 14.36%

Average Trading Volume: 539,278

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $6.54B

For a thorough assessment of TIMB stock, go to TipRanks’ Stock Analysis page.

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