Telefônica Brasil declares R$500M capital interest

Telefônica Brasil declared R$500 million in Interest on Capital for 2026, with shareholders of record on September 25, 2026 to be paid by April 30, 2027.

Available on EDGAR 09/14/2026 - 05:26 PM EDT Accepted by SEC EDGAR 09/14/2026 - 05:26 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Telefônica Brasil S.A. (VIV) approved the declaration of Interest on Capital (IoC) based on the balance sheet of August 31, 2026, in a gross amount of R$500,000,000.00, subject to 17.5% withholding income tax, resulting in a net total of R$412,500,000.00. The declared IoC corresponds to a gross amount of R$0.15646482856 per share, tax of R$0.02738134500 per share, and a net amount of R$0.12908348356 per share.

The IoC will be computed as part of the mandatory dividends for the fiscal year ending December 31, 2026, ad referendum of the shareholders’ meeting to be held in 2027. Shareholders of record at the end of September 25, 2026 will be entitled to the IoC, and from that date the shares will trade ex-IoC. Payment will be made by April 30, 2027. The per-share amount may be adjusted depending on share repurchases under the ongoing Share Buyback Program, with any change to be disclosed, and shareholders with differentiated or exempt tax status must evidence it by October 2, 2026.

Key Figures

Gross Interest on Capital: R$500,000,000.00 Net Interest on Capital: R$412,500,000.00 Withholding income tax rate: 17.5% +5 more

8 metrics

Gross Interest on Capital R$500,000,000.00 Declared by the Board of Directors based on the balance sheet of August 31, 2026

Net Interest on Capital R$412,500,000.00 After 17.5% withholding income tax on the gross R$500,000,000.00

Withholding income tax rate 17.5% Standard rate applied to the declared Interest on Capital

Gross IoC per share R$0.15646482856 per share Calculated based on the shareholding position of August 31, 2026

Withholding tax per share R$0.02738134500 per share 17.5% withholding income tax on the gross IoC per share

Net IoC per share R$0.12908348356 per share Net amount per share after withholding income tax

Record date for IoC entitlement September 25, 2026 Shareholding position date for entitlement; shares trade ex-IoC after this date

Latest payment date April 30, 2027 Deadline by which the Company will pay the declared IoC

Key Terms

Interest on Capital, withholding income tax, Share Buyback Program, mandatory dividends, +1 more

5 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 Company’s ongoing 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.

mandatory dividends financial

"IoC will be considered as part of the mandatory dividends for the fiscal year"

ex-IoC financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What distribution did VIV (Telefônica Brasil S.A.) announce in this Form 6-K?

Telefônica Brasil S.A. announced Interest on Capital (IoC) totaling a gross R$500,000,000.00, with 17.5% withholding income tax, resulting in a net amount of R$412,500,000.00 to shareholders, based on the balance sheet of August 31, 2026.

What is the per-share Interest on Capital amount for VIV shareholders?

The declared IoC corresponds to a gross R$0.15646482856 per share, R$0.02738134500 per share in withholding income tax at 17.5%, and a net R$0.12908348356 per share, calculated using the shareholding position as of August 31, 2026.

What are the record date and ex-IoC date for Telefônica Brasil (VIV) IoC?

Shareholders must be on the Company’s records at the end of September 25, 2026 to receive the IoC. After this date, the shares will trade as ex-IoC, meaning new buyers will not be entitled to this specific Interest on Capital distribution.

When will Telefônica Brasil (VIV) pay the announced Interest on Capital?

The IoC payment will be made by April 30, 2027. The exact payment date within this period will be set by the Company’s Executive Board, and the IoC will be paid individually to each shareholder entitled as of the September 25, 2026 record date.

How does this IoC relate to Telefônica Brasil’s 2026 dividends?

The Company states that the declared IoC will be considered part of the mandatory dividends for the fiscal year ending December 31, 2026, ad referendum of the Ordinary General Shareholders’ Meeting to be held in 2027, which will confirm the allocation.

Can the IoC per-share amount for VIV change due to the share buyback program?

Yes. The Company notes the IoC per-share amount may be adjusted based on the shareholding base on September 25, 2026, due to potential share repurchases under its ongoing Share Buyback Program, and any recalculated amount per share will be disclosed in a Notice to the Market.

What must Telefônica Brasil (VIV) shareholders with special tax status do?

Shareholders with differentiated, exempt, or immune withholding income tax status under international agreements or legislation must provide evidence of this status by October 2, 2026 to the Shares and Custody Department of Banco Bradesco S.A., the depositary institution.

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

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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, 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 September 14, 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$500,000,000.00 (five hundred million reais), withholding income tax at the rate of 17.5%, resulting in a net amount of R$412,500,000.00 (four hundred and twelve million, five hundred thousand reais)¹, based on the balance sheet of August 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	09/14/2026	09/25/2026	0.15646482856	0.02738134500	0.12908348356

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 September 25, 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 August 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 the IoC may be adjusted considering the Company’s shareholding base on September 25, 2026, due to possible acquisitions of shares under the Company’s ongoing Share Buyback Program. In the event of share repurchases, the Company will disclose a Notice to the Market informing the recalculated amount per share. If no share repurchases occur during the respective period, the information contained in this Notice shall remain valid, and no additional Notice to the Market will be issued to confirm the amount per share.

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 October 2, 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, September 14, 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:	September 14, 2026		By:	/s/ João Pedro Carneiro
				Name:	João Pedro Carneiro
				Title:	Investor Relations Director