Recent Updates — TIMB
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.
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.
TIM S.A. reported consolidated net revenue of R$13.8 billion and net profit of R$1.8 billion for the first half of 2026. The company paid R$1.6 billion in dividends and interest on shareholders' equity during the period. TIM S.A. operates in the telecommunications industry, providing fixed and mobile voice and data services.