Telefônica Brasil Declares R$600M Interest on Capital Payment

summarizeSummary

Telefônica Brasil announced a R$600 million Interest on Capital payment, continuing its strategy of returning significant capital to shareholders.

check_boxKey Events

• Interest on Capital Declared

  The Board of Directors approved a gross R$600 million (net R$495 million) Interest on Capital payment.

• Shareholder Return

  This payment, equivalent to R$0.18775779427 gross per share, will be considered part of the mandatory dividends for fiscal year 2026.

• Record and Payment Dates

  Shareholders on record by May 27, 2026, will receive payment by May 30, 2027.

• Ongoing Capital Management

  The amount per share may be adjusted based on the company's shareholding base due to possible acquisitions under the current share buyback program.

auto_awesomeAnalysis

Telefônica Brasil's Board approved a R$600 million gross Interest on Capital payment, equivalent to R$0.18775779427 per share. This declaration, which will be considered part of the mandatory dividends for fiscal year 2026, reinforces the company's commitment to returning capital to shareholders, following recent significant capital reduction and buyback programs.