Telefônica Brasil (NYSE: VIV) sets R$400M 2025 interest on capital
Rhea-AI Filing Summary
Telefônica Brasil S.A. had its Fiscal Council approve a proposal to distribute interest on capital of R$400,000,000.00, based on the August 31, 2025 balance sheet, equal to R$340,000,000.00 net of withholding income tax.
The proposed gross IoC per share is R$0.12477350287, or R$0.10605747744 net, calculated from the shareholding position on August 29, 2025 and subject to adjustment due to the ongoing share buyback program and the share position to be verified on September 22, 2025.
Shareholders of record at the end of September 22, 2025 will be entitled to the IoC, and from the next day the shares will trade ex-IoC. The net IoC will be included in the minimum mandatory dividend for the year ending December 31, 2025, subject to approval at the 2026 ordinary general meeting, with payment to be made by April 30, 2026.
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FAQ
What did Telefônica Brasil (VIV) decide regarding interest on capital?
The Fiscal Council of Telefônica Brasil S.A. approved a proposal to distribute R$400,000,000.00 in interest on capital, corresponding to R$340,000,000.00 net of withholding income tax, based on the balance sheet of August 31, 2025.
How much interest on capital per share will Telefônica Brasil (VIV) pay?
The proposal sets a gross interest on capital per share of R$0.12477350287, or R$0.10605747744 net of income tax, initially calculated using the shareholding position on August 29, 2025 and subject to change depending on the share position on September 22, 2025.
What is the record date for Telefônica Brasil (VIV) interest on capital?
Shareholders recorded in the Company’s books at the end of September 22, 2025 will be entitled to receive the interest on capital. From the following day, the shares will trade ex-IoC.
When will Telefônica Brasil (VIV) pay the approved interest on capital?
The payment of the approved interest on capital proceeds will be made by April 30, 2026, with the exact payment date to be set by the Company’s Executive Board.
How does this interest on capital relate to Telefônica Brasil (VIV) dividends?
The net amount of the interest on capital will be included in the minimum mandatory dividend for the fiscal year ending on December 31, 2025, subject to approval at the ordinary general meeting to be held in 2026.
Who approved the interest on capital proposal at Telefônica Brasil (VIV)?
The proposal for the declaration of interest on capital was unanimously approved by the members of the Company’s Fiscal Council, who considered it compliant with applicable legislation and agreed to submit it to the Board of Directors.
