Dividends & Buybacks ·
TIM S.A.'s Board of Directors approved a new share repurchase program (Program 9) on August 19, 2026
TIMBTim S.A.
TIM S.A.'s Board of Directors approved a new share repurchase program (Program 9) on August 19, 2026. The company may acquire up to 55,187,638 common shares, representing approximately 2.31% of its outstanding equity, for cancellation in treasury. The authorization allows for purchases at market prices through February 19, 2028, with a maximum capital allocation of R$1 billion funded from profit reserves totaling over R$5.3 billion. Intermediaries include J.P. Morgan, BTG Pactual, Goldman Sachs, and Santander. TIM S.A. operates in the telecommunications industry, providing mobile and fixed-line services.