Fiscal Council Approves R$400M Interest on Equity Distribution
TIMB sits 25% above its 52-week low of $17.65.
Summary
TIM S.A.'s Fiscal Council approved a R$400 million distribution of Interest on Shareholders' Equity, payable by July 22, 2026, to shareholders of record on June 22, 2026.
Key Events · Financing and Capital Events · TIMB
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R$400 Million Distribution Approved
The Fiscal Council approved a proposal for the distribution of R$400,000,000.00 as Interest on Shareholders' Equity.
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Payment Details Set
The distribution amounts to R$0.1674573219 gross per share, with payment scheduled by July 22, 2026, for shareholders of record on June 22, 2026.
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Fiscal Council's Favorable Opinion
The Fiscal Council expressed a favorable opinion on the management's proposal, indicating internal alignment on the distribution.
Analysis · TIMB · Technology
The company's Fiscal Council has approved a significant cash distribution to shareholders in the form of Interest on Shareholders' Equity. This move provides a direct return to investors and reflects the company's financial health and commitment to shareholder remuneration.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 29.6% of the 1725 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.33%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TIMB was trading at $22.00 on NYSE in the Technology sector, with a market capitalization of approximately $9.9B. The 52-week trading range was $17.65 to $28.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.