Recent Updates — VIV
The Board of Directors approved a declaration of Interest on Capital (IoC) totaling R$450 million gross, or approximately R$371.25 million net of withholding income tax. The per-share amount is R$0.1408 gross and R$0.1162 net, based on shareholding records as of September 30, 2026. This distribution serves as the mandatory minimum dividend for the fiscal year ending December 31, 2026, subject to approval by shareholders at an Ordinary General Meeting in 2027. Payment is scheduled for no later than April 30, 2027. Telefônica Brasil operates telecommunications services in Brazil.
The Fiscal Council of Telefônica Brasil S.A. unanimously approved a proposal to declare Interest on Capital (IoC) based on the balance sheet as of September 30, 2026. The gross amount is R$450 million, or approximately R$0.14 per share, netting to R$0.116 per share after withholding income tax. This distribution will be allocated toward the mandatory minimum dividend for the fiscal year ending December 31, 2026, subject to approval by the Ordinary General Meeting in 2027. Payment is scheduled for no later than April 30, 2027. Telefônica Brasil S.A. operates as a telecommunications provider offering mobile and fixed-line services in Brazil.
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.
On September 14, 2026, Telefônica Brasil S.A.'s Board of Directors approved a declaration of interest on capital (IoC) totaling R$500 million gross, or approximately R$412.5 million net of withholding income tax. The per-share amount is R$0.15646482856 gross and R$0.12908348356 net, calculated based on the shareholding position as of August 31, 2026. This payment will be allocated to the mandatory minimum dividend for fiscal year 2026, subject to approval by shareholders in 2027. The record date is September 25, 2026, with payments scheduled by April 30, 2027. Telefônica Brasil S.A. operates in the telecommunications industry, providing mobile and fixed-line services.
The Fiscal Council of Telefônica Brasil S.A. unanimously approved a proposal to declare Interest on Capital (IoC) totaling R$500 million gross, or approximately R$412.5 million net of withholding income tax. The per-share amount is set at R$0.15646482856 gross and R$0.12908348356 net, based on the shareholding position as of August 31, 2026. This distribution will be credited to shareholders of record by September 25, 2026, and applied toward the mandatory minimum dividend for fiscal year 2026, subject to approval at the Ordinary General Meeting in 2027. Payment is scheduled no later than April 30, 2027. Telefônica Brasil S.A. operates in the telecommunications industry, providing mobile and fixed-line services in Brazil.
Telefônica Brasil’s Board approved a mandatory Interest on Capital (IoC) payment of R$500 million gross, resulting in R$412.5 million net after 17.5% withholding tax. The distribution amounts to R$0.129 per share based on the August 31, 2026 record date, with a final ex-date determined by the September 25, 2026 shareholder register. Payment is scheduled for no later than April 30, 2027. This IoC counts toward the mandatory dividend requirement for the fiscal year ending December 31, 2026, subject to approval at the 2027 Ordinary General Shareholders’ Meeting. The per-share amount may be adjusted if share repurchases under the ongoing buyback program alter the share count before September 25, 2026. Telefônica Brasil operates in the telecommunications industry, providing mobile and fixed-line services in Brazil.