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Telefônica Brasil (NYSE: VIV) sets R$400M 2025 interest on capital

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

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.

Positive

  • None.

Negative

  • None.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September, 2025

Commission File Number: 001-14475



TELEFÔNICA BRASIL S.A.
(Exact name of registrant as specified in its charter)

 

TELEFONICA BRAZIL S.A.  
(Translation of registrant’s name into English)

 

Av. Eng° Luís Carlos Berrini, 1376 -  28º andar
São Paulo, S.P.
Federative Republic of Brazil
(Address of principal executive office)


 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F

X

 

Form 40-F

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes

 

 

No

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes

 

 

No

 

 

 

 

 
 

 

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

 

 

MINUTES OF THE 250th FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON SEPTEMBER 09, 2025

 

1. DATE, TIME AND VENUE: On September 09, 2025, at 03:30 p.m. (São Paulo local time), held remotely as provided for in Article 16, First Paragraph, of the Internal Rules of the Fiscal Council (“Rules”) of Telefônica Brasil S.A. (“Company”).

 

2. CALL NOTICE AND ATTENDANCE: The call notice was waived, given the presence of all Fiscal Council members, who subscribe these minutes, as provided for in Article 12, paragraph 2, of the Company’s Rules, establishing, therefore, quorum according to the Company’s Bylaws for instating the meeting. The Director of Corporate and Business Affairs, Mrs. Nathalia Pereira Leite, was also present as the Meeting Secretary.

 

3. AGENDA AND RESOLUTION: After examining and debating the matter in the Agenda, the Fiscal Council members present at the meeting unanimously decided the following:

 

3.1. Proposal for the Declaration of Interest on Capital: The proposal for the declaration of interest on Capital (“IoC”) to be submitted to the Company’s Board of Directors, was reviewed in the following terms:

 

“Proposal to declare IoC based on the balance sheet of August 31, 2025, in the gross amount of R$400,000,000.00, corresponding to R$340,000,000.00 net of withholding income tax. The gross amount of IoC per share is equivalent to R$0.12477350287 [1], of which R$0.10605747744¹ net of income tax.

 

The IoC credit will be carried out individually to the shareholders, based on the shareholding position in the Company’s records at the end of September 22, 2025. After this date, the shares will be considered “ex-IoC”.

 


[1] Value per share calculated based on the shareholding position of August 29, 2025. Given the Company’s Share Buyback Program in effect, the value per share may be subject to change, considering the Company’s shareholding position to be verified on September 22, 2025.

 
 

 

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

 

 

MINUTES OF THE 250th FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON SEPTEMBER 09, 2025

 

The net amount of the IoC will be included in the minimum mandatory dividend for fiscal year ending December 31, 2025, ad referendum to the Ordinary General Meeting to be held in 2026, and the payment of this proceeds will be made by April 30, 2026, with the Company’s Executive Board being responsible for setting the exact date.”

 

Unanimously, the members of the Fiscal Council approved the proposal, given that they consider it to be in accordance with the applicable legislation.

 

4. CLOSING: There being no further matter to discuss, the meeting was adjourned, and these minutes were drawn up. São Paulo, September 09, 2025.

 

 

 

_______________________________ _______________________________
Gabriela Soares Pedercini

Stael Prata Silva Filho

 

 

 

 

______________________________

 

 

_______________________________

Luciana Doria Wilson

Nathalia Pereira Leite

Meeting Secretary

 

 

 

 

 
 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

TELEFÔNICA BRASIL S.A.

Date:

September 11, 2025

 

By:

/s/ João Pedro Carneiro

 

 

 

 

Name:

João Pedro Carneiro

 

 

 

 

Title:

Investor Relations Director

 

 

 


 

 

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.

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