Telefônica Brasil plans R$325M interest on capital

Telefônica Brasil S.A. approved a proposal by its Fiscal Council to declare interest on capital for the 2026 fiscal year totaling R$325,000,000.00 gross, or R$268,125,000.00 net of withholding income tax.

Rhea-AI Filing Summary

Telefônica Brasil S.A. approved a proposal by its Fiscal Council to declare interest on capital for the 2026 fiscal year totaling R$325,000,000.00 gross, or R$268,125,000.00 net of withholding income tax. The initial estimated IoC is R$0.101702138561 per share gross and R$0.083904264311 net, calculated on the shareholding position of January 31, 2026.

Shareholders on record at the end of February 23, 2026 will be entitled to this interest on capital, after which the shares trade ex-IoC. The net IoC will be included in the minimum mandatory dividend for the year ending December 31, 2026, subject to approval at the Ordinary General Meeting to be held in 2027, and payment is scheduled to be made by April 30, 2027.

Insights

Equity income analyst

Telefônica Brasil outlines a sizable R$325M interest-on-capital distribution tied to its 2026 dividend.

Telefônica Brasil S.A. plans interest on capital of R$325,000,000.00 gross for the 2026 fiscal year, with R$268,125,000.00 net after withholding tax. This mechanism is a Brazilian form of shareholder remuneration, functioning economically like a pre-announced cash distribution.

The entitlement date is the end of February 23, 2026, after which shares trade ex-IoC. The filing notes per-share amounts based on the January 31, 2026 share count and acknowledges that the ongoing share buyback program may change the final per-share figure, linking it directly to the outstanding share base.

The net IoC will count toward the minimum mandatory dividend for the year ending December 31, 2026, to be confirmed at the Ordinary General Meeting in 2027. Payment is expected by April 30, 2027, so subsequent company communications around that meeting and payment date will clarify final per-share amounts and execution.

FAQ

What interest on capital did Telefônica Brasil (VIV) approve for 2026?

Telefônica Brasil’s Fiscal Council approved a proposal for interest on capital totaling R$325,000,000.00 gross, or R$268,125,000.00 net of withholding income tax, to be allocated to shareholders as part of the company’s 2026 shareholder remuneration.

What is the record date for Telefônica Brasil (VIV) interest on capital?

Shareholders of Telefônica Brasil will be entitled to the interest on capital based on their shareholding position at the end of February 23, 2026. After this date, the company’s shares will trade ex-interest on capital, meaning new buyers will not receive this specific distribution.

How much per share is Telefônica Brasil (VIV) planning to pay as interest on capital?

Telefônica Brasil estimated gross interest on capital of R$0.101702138561 per share and net R$0.083904264311, calculated using the shareholding position on January 31, 2026. The company notes these per-share values may change due to its ongoing share buyback program.

When will Telefônica Brasil (VIV) pay the approved interest on capital?

The company expects to pay the interest on capital by April 30, 2027. The exact payment date will be set by the Executive Board. This distribution is linked to the 2026 fiscal year and integrated with the minimum mandatory dividend framework.

How does Telefônica Brasil’s 2026 interest on capital relate to dividends?

The net interest on capital of R$268,125,000.00 will be included in Telefônica Brasil’s minimum mandatory dividend for the fiscal year ending December 31, 2026. This treatment is subject to approval at the Ordinary General Meeting expected to be held in 2027.

Can Telefônica Brasil’s share buyback affect the interest on capital per share?

Yes. The company states that the per-share interest on capital was calculated using the January 31, 2026 share count. Because a share buyback program is in effect, the final per-share amount may change based on the shareholding position on February 23, 2026.

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 02/12/2026 - 05:11 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 February, 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

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

MINUTES OF THE 257th FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON FEBRUARY 11, 2026

1. DATE, TIME AND VENUE: On February 11, 2026, at 09:30 a.m. (São Paulo local time), at the headquarter of Telefônica Brasil S.A. (“Company”), located at Avenida Engenheiro Luiz Carlos Berrini, 1,376, 31^st floor, Vivo Valoriza room, Cidade Monções, city of São Paulo, state of São Paulo.

2. CALL NOTICE AND ATTENDANCE: The call notice was made in accordance with the Company’s Bylaws. All members of the Company’s Fiscal Council (“Fiscal Council”) were present and subscribed these minutes establishing, therefore, quorum for instating the meeting. The Director of Corporate and Business Affairs, Ms. 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 – 2026 Fiscal Year: 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 January 31, 2026, in the gross amount of R$325,000,000.00, corresponding to R$268,125,000.00 net of withholding income tax. The gross amount of IoC per share is equivalent to R$0.10170213856¹, of which R$0.08390426431¹ 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 February 23, 2026. After this date, the shares will be considered “ex-IoC”.

The net amount of the IoC will be included in the minimum mandatory dividend for fiscal year ending December 31, 2026, ad referendum to the Ordinary General Meeting to be held in 2027, and the payment of this proceeds will be made by April 30, 2027, with the Company’s Executive Board being responsible for setting the exact date.”

¹ Value per share calculated based on the shareholding position of January 31, 2026. 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 February 23, 2026.

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

MINUTES OF THE 257th FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON FEBRUARY 11, 2026

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, February 11, 2026.

	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:	February 12, 2026		By:	/s/ João Pedro Carneiro
				Name:	João Pedro Carneiro
				Title:	Investor Relations Director