TIM S.A. Board Approves R$390 Million Interest on Shareholders' Equity Payment
TIMB sits 80% above its 52-week low of $14.181.
Summary
TIM S.A.'s Board of Directors approved the distribution of R$390 million as Interest on Shareholders' Equity, payable by April 30, 2026, with a record date of March 23, 2026.
Key Events · Financing and Capital Events · TIMB
-
Interest on Shareholders' Equity Approved
The Board of Directors approved the distribution of R$390,000,000.00 (three hundred and ninety million reais) as Interest on Shareholders' Equity (IE).
-
Per Share Value and Payment Details
The gross value per share is R$0.1632708888. Payment will be made until April 30, 2026, with March 23, 2026, as the record date for eligible shareholders. A 17.5% income tax withholding will apply.
Analysis · TIMB · Technology
TIM S.A.'s Board of Directors has approved a substantial distribution of R$390 million as Interest on Shareholders' Equity. This decision signals the company's commitment to returning capital to shareholders and reflects a healthy financial position. Investors should note the record date of March 23, 2026, to be eligible for this payment, which will be made by April 30, 2026.
At the time of this filing, TIMB was trading at $25.49 on NYSE in the Technology sector, with a market capitalization of approximately $12.2B. The 52-week trading range was $14.18 to $27.74. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.