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An update from TIM ( (TIMB) ) is now available.
On December 17, 2024, TIM S.A. held a Fiscal Council meeting to evaluate the proposal for distributing R$650 million as Interest on Shareholders’ Equity (IE) and to discuss the methodology for the company’s annual impairment assessment. The council approved the management’s proposal for IE distribution, set to be paid by January 23, 2025, with shareholders identified by December 23, 2024. The meeting also included a presentation on the company’s risk assessment and impairment testing process by its financial and auditing teams, which was well-received by the council.
More about TIM
TIM S.A. is a publicly held company based in Rio de Janeiro, Brazil, operating primarily in the telecommunications industry. The company focuses on providing mobile and data services, playing a significant role in the Brazilian market.
YTD Price Performance: -30.42%
Average Trading Volume: 560,330
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.98B
For a thorough assessment of TIMB stock, go to TipRanks’ Stock Analysis page.
