DividendJun 16, 2026, 06:01 AM
Telefonica Brasil Fiscal Council Approves R$230M Interest on Capital
AI Summary
Telefonica Brasil's Fiscal Council unanimously approved a proposal for the declaration of Interest on Capital (IoC) totaling R$230,000,000.00 gross. This corresponds to R$189,750,000.00 net of withholding income tax. The IoC will be credited to shareholders based on their position as of June 26, 2026, with payment expected by April 30, 2027.
Key Highlights
- Fiscal Council approved a proposal for the declaration of Interest on Capital (IoC).
- Gross IoC amount is R$230,000,000.00.
- Net IoC amount is R$189,750,000.00 after withholding income tax.
- Gross IoC per share is R$0.071973821142.
- Net IoC per share is R$0.05937840244.
- Shareholders of record on June 26, 2026, will receive the IoC.
- Shares will trade ex-IoC after June 26, 2026.
- Payment of IoC will be made by April 30, 2027.
Price Impact
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