Dividends & Buybacks ·
Telefônica Brasil declares R$371M net interest on capital, paying R$0.116 per share
VIVTelefonica Brasil S.A.
The Board of Directors approved a mandatory distribution of Interest on Capital (IoC) totaling R$450 million gross, or R$371.25 million net after 17.5% withholding tax. The payment amounts to approximately R$0.116 per share based on the September 30 shareholding base. Eligible shareholders must submit evidence for differentiated tax regimes by November 3, 2026. The record date is October 26, 2026, with shares trading ex-IoC thereafter. Payment will occur by April 30, 2027. This distribution counts toward the mandatory dividends for the fiscal year ending December 31, 2026, subject to approval at the 2027 Ordinary General Shareholders’ Meeting. The amount may be adjusted if share repurchases under the ongoing buyback program alter the share count. Telefônica Brasil operates as a leading telecommunications provider in Brazil.