Dividends & Buybacks ·
TIM S.A.'s Board of Directors approved a new share repurchase program (Program 9) on August 19, 2026, authorizing the…
TIMBTim S.A.
TIM S.A.'s Board of Directors approved a new share repurchase program (Program 9) on August 19, 2026, authorizing the acquisition of up to 55,187,638 common shares, representing approximately 2.31% of total outstanding shares and a maximum value of R$1 billion. The program remains effective until February 19, 2028, with acquired shares intended for treasury holding or subsequent cancellation. Concurrently, the company terminated its previous repurchase program (Program 8), which concluded on August 12, 2026. During Program 8's term, TIM acquired 46,884,500 shares at a total cost of approximately R$1 billion; 28,678,509 of these were cancelled in December 2025, while the remainder are held in treasury. TIM S.A. operates in the telecommunications industry, providing mobile and fixed-line services.