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An announcement from TIM ( (TIMB) ) is now available.
On February 10, 2025, TIM S.A.’s Board of Directors convened to discuss and resolve several corporate matters including the approval of the Internal Audit’s Annual Plan for 2025, updates to the Company’s Industrial Plan for 2025-2027, and a proposal for the distribution of R$200 million as interest on shareholders’ equity. The meeting also reviewed the company’s financial statements for 2024 and discussed the allocation of results and dividend distribution for the same fiscal year. Additionally, a decision was made regarding the termination of an Operational Agreement with C6 Group and the sale of TIM’s equity in Carbon Holding Financeira S.A. This comprehensive set of resolutions indicates TIM S.A.’s strategic initiatives for financial management and operational adjustments moving forward.
More about TIM
TIM S.A. is a publicly-held company based in Rio de Janeiro, Brazil, operating in the telecommunications industry. The company provides mobile and fixed telephony services, broadband internet, and data center solutions, primarily focusing on the Latin American market.
YTD Price Performance: 14.36%
Average Trading Volume: 539,278
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.54B
Find detailed analytics on TIMB stock on TipRanks’ Stock Analysis page.
