TIM S.A. Proposes R$300 Million Shareholder Payout
Company Announcements

TIM S.A. Proposes R$300 Million Shareholder Payout

TIM (TIMB) has released an update.

TIM S.A. has announced a proposal for the distribution of R$300 million as interest on shareholders’ equity, at a gross value of R$0.123945910 per share, to be paid by October 23, 2024. The Fiscal Council, after reviewing the company’s financial and operational presentations, expressed a favorable opinion to proceed with the proposal. Additionally, the company provided updates on its marketing and technology agreements, internal audit plans, and the status of whistleblowing reports.

For further insights into TIMB stock, check out TipRanks’ Stock Analysis page.

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