[6-K] TELEFONICA BRASIL S.A. Current Report (Foreign Issuer)

Telefônica Brasil S.A. declared interest on capital of R$365,000,000.00, based on its balance sheet of March 31, 2026.

Rhea-AI Filing Summary

Telefônica Brasil S.A. declared interest on capital of R$365,000,000.00, based on its balance sheet of March 31, 2026. After a standard withholding income tax rate of 17.5%, shareholders are expected to receive a net total of R$301,125,000.00.

The declared amount equals R$0.11421932485 gross and R$0.09423094300 net per share for holders on record at the end of April 27, 2026, after which the shares will trade ex-IoC. This interest on capital will count toward mandatory dividends for the fiscal year ending December 31, 2026, subject to approval at the 2027 ordinary shareholders’ meeting, and will be paid by April 30, 2027.

Insights

Dividend policy analyst

Telefônica Brasil announces sizable 2026 interest-on-capital distribution.

Telefônica Brasil approved interest on capital of R$365,000,000.00, tied to the March 31, 2026 balance sheet. This form of shareholder remuneration in Brazil is tax-deductible for the company and taxed as financial income for investors, here at a stated 17.5% rate.

The per-share amounts of R$0.11421932485 gross and R$0.09423094300 net apply to holders on record as of April 27, 2026, with payment due by April 30, 2027. The distribution will be treated as part of mandatory dividends for the fiscal year ending December 31, 2026, pending approval at the 2027 ordinary shareholders’ meeting, aligning with the company’s ongoing capital return practices.

Key Figures

Interest on capital total (gross): R$365,000,000.00 Interest on capital total (net): R$301,125,000.00 Gross IoC per share: R$0.11421932485 per share +5 more

8 metrics

Interest on capital total (gross) R$365,000,000.00 Declared April 15, 2026, based on March 31, 2026 balance sheet

Interest on capital total (net) R$301,125,000.00 After 17.5% withholding income tax

Gross IoC per share R$0.11421932485 per share For shareholders of record at end of April 27, 2026

Net IoC per share R$0.09423094300 per share After 17.5% withholding income tax

Withholding income tax rate 17.5% Applied to interest on capital, may vary for special regimes

Record date April 27, 2026 Shareholding position that determines IoC entitlement

Latest payment date April 30, 2027 Deadline for paying the declared interest on capital

Fiscal year reference December 31, 2026 IoC counted toward mandatory dividends for this fiscal year

Key Terms

Interest on Capital, withholding income tax, Share Buyback Program, ex-IoC, +2 more

6 terms

Interest on Capital financial

"approved the declaration of Interest on Capital (“IoC”), pursuant to Article 26"

Interest on capital is the cost a business pays for using money — either money it borrowed or funds provided by owners — and functions like rent paid for that capital. It matters to investors because higher interest payments reduce profits and cash available for dividends or growth, while lower interest costs leave more profit and improve company value; think of it as the price of fueling a company’s operations.

withholding income tax financial

"withholding income tax at the rate of 17.5%, resulting in a net amount"

Share Buyback Program financial

"due to possible acquisitions of shares under the current Company's Share Buyback Program"

A share buyback program is when a company uses its cash to repurchase its own outstanding shares from the market, reducing the number of shares available to investors. That matters because it can raise the value of remaining shares and signal management's confidence in the business—similar to a bakery buying back unsold loafs to make each remaining loaf represent a larger share of its oven’s output—though buybacks can also affect cash available for other uses.

ex-IoC financial

"After this date, the shares will trade as “ex-IoC”."

Ordinary General Shareholders’ Meeting regulatory

"ad referendum of the Ordinary General Shareholders’ Meeting to be held in 2027"

CVM Resolution 143/2022 regulatory

"pursuant to Article 26 of the Company’s Bylaws, Article 9 of Law 9,249/95 and CVM Resolution 143/2022"

FAQ

What did Telefônica Brasil (VIV) announce in this 6-K filing?

Telefônica Brasil announced board approval of interest on capital totaling R$365,000,000.00. This shareholder distribution is based on the March 31, 2026 balance sheet and will count toward mandatory dividends for the 2026 fiscal year, subject to approval at the 2027 shareholders’ meeting.

How much interest on capital per share will VIV shareholders receive?

Shareholders are entitled to R$0.11421932485 gross and R$0.09423094300 net per share. The net figure reflects a 17.5% withholding income tax rate, applied to the gross interest on capital declared by Telefônica Brasil’s board on April 15, 2026.

What record date applies to Telefônica Brasil’s April 2026 interest on capital?

The shareholding position at the end of April 27, 2026 determines entitlement to this interest on capital. After this date, Telefônica Brasil’s shares will trade ex-IoC, meaning new buyers will not receive this specific distribution declared on April 15, 2026.

When will Telefônica Brasil pay the declared interest on capital?

The company plans to pay the interest on capital by April 30, 2027. The exact payment date will be set by Telefônica Brasil’s Executive Board, and the amount will be treated as part of 2026 mandatory dividends, pending shareholder approval in 2027.

How does the 17.5% withholding tax affect VIV’s interest on capital?

A standard 17.5% withholding income tax is applied to the R$365,000,000.00 gross amount, resulting in net proceeds of R$301,125,000.00. Certain shareholders may qualify for different tax treatment under international treaties, exemptions, or special regimes, subject to documentation.

Can Telefônica Brasil’s interest-on-capital amount per share change?

The company notes the per-share interest-on-capital amount may be adjusted as of April 27, 2026. This reflects potential share acquisitions under Telefônica Brasil’s existing Share Buyback Program, which could alter the total number of shares entitled to the distribution.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/15/2026 - 06:02 PM Learn about SEC filing dates

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 April, 2026

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 X 

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 X 

 

TELEFÔNICA BRASIL S.A.

Publicly Held Company

Corporate Taxpayer’s ID (CNPJ) 02.558.157/0001-62

Company Registry (NIRE) 35.3.001.5881-4

NOTICE TO SHAREHOLDERS

DELIBERATION OF INTEREST ON CAPITAL

Telefônica Brasil S.A. (“Company”) communicates to its Shareholders that its Board of Directors, at a meeting held on April 15, 2026, approved the declaration of Interest on Capital (“IoC”), pursuant to Article 26 of the Company’s Bylaws, Article 9 of Law 9,249/95 and CVM Resolution 143/2022, in the gross amount of R$365,000,000.00 (three hundred and sixty-five million reais), withholding income tax at the rate of 17.5%, resulting in a net amount of R$301,125,000.00 (three hundred and one million, one hundred and twenty-five thousand reais)¹, based on the balance sheet of March 31, 2026. The amount per share is described in the table below:

Type of Payment	Declaration Date	Shareholding Position	Gross Amount per Share (R$)2	Withholding Income Tax (17.5%)¹	Net Amount per Share (R$)[1],[2]
Interest on Capital	04/15/2026	04/27/2026	0.11421932485	0.01998838185	0.09423094300

As established in article 26 of the Company’s Bylaws, said IoC will be considered as part of the mandatory dividends for the fiscal year ending on December 31, 2026, ad referendum of the Ordinary General Shareholders’ Meeting to be held in 2027.

The IoC will be paid individually to each shareholder, based on the shareholding position in the Company’s records at the end of April 27, 2026. After this date, the shares will trade as “ex-IoC”. The payment of these proceeds will be made by April 30, 2027, with the Company’s Executive Board being responsible for setting the exact date.

^[1] Considers the standard tax rate of 17.5%, which may vary due to international treaties, tax immunities and exemptions, countries with favorable taxation, and privileged tax regimes.

^[2] Amount per share calculated based on the shareholding position of March 31, 2026.

TELEFÔNICA BRASIL S.A.

Publicly Held Company

Corporate Taxpayer’s ID (CNPJ) 02.558.157/0001-62

Company Registry (NIRE) 35.3.001.5881-4

The amount per share of Interest on Capital may be adjusted according to the Company’s shareholding base on April 27, 2026, due to possible acquisitions of shares under the current Company's Share Buyback Program.

Shareholders subject to a differentiated withholding income tax (IRRF) regime based on international agreements and treaties, as well as shareholders that are exempt or immune, must provide evidence of such status, in accordance with current legislation, by May 4, 2026, to the Shares and Custody Department of Banco Bradesco S.A., the depositary institution of the Company’s book-entry shares, located at Cidade de Deus, s/n, Prédio Amarelo Velho, subsolo – Vila Yara – Zip Code: 06029-900 – Osasco – SP.

São Paulo, April 15, 2026.

Rodrigo Rossi Monari

CFO and Investor Relations Officer

Telefônica Brasil – Investor Relations

Email: ir.br@telefonica.com

https://ri.telefonica.com.br/en

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:	April 15, 2026		By:	/s/ João Pedro Carneiro
				Name:	João Pedro Carneiro
				Title:	Investor Relations Director