TIM S.A. Approves R$400 Million Interest on Shareholders' Equity Distribution
TIMB sits 25% above its 52-week low of $17.65.
Summary
TIM S.A. announced a R$400 million distribution as 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 Board of Directors approved a distribution of R$400,000,000.00 as Interest on Shareholders' Equity.
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Payment Details Set
Shareholders of record as of June 22, 2026, will receive R$0.1674573219 per share, with payment scheduled for July 22, 2026.
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Tax Implications
A 17.5% withholding income tax will be applied, with exemptions for eligible shareholders.
Analysis · TIMB · Technology
TIM S.A.'s Board of Directors approved a significant cash distribution to shareholders, totaling R$400 million. This form of distribution, known as Interest on Shareholders' Equity, is common in Brazil and provides a tax-efficient way to return capital to investors. The substantial amount represents a notable return to shareholders, with a record date set for June 22, 2026, and payment by July 22, 2026.
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.