VIV TELEFONICA BRASIL S.A.

NEUTRAL Impact: 3/10 6-K
Horizon immediate Filed May 22, 2026 Processed 1d 5h ago SEC 0001292814-26-003171
Notable filing: 6-K

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Executive Summary

Telefonica Brasil confirms R$4.0B capital reduction payment of R$1.2517/share on July 14, 2026, following the EGM approval on March 12, 2026. No share buyback activity altered the per-share amount. The filing is procedural and was largely anticipated.

Actionable Insight

The capital reduction is a positive cash return event but was already announced and priced in. The ex-date has passed (May 22). Traders should monitor future buyback programs or capital reduction updates for incremental signals. No immediate catalyst.

Key Facts

  • Capital reduction of R$4,000,000,000.00 approved on March 12, 2026.
  • Amount per share: R$1.25171862845.
  • Payment date: July 14, 2026.
  • Shares trade ex-reimbursement rights from May 22, 2026.
  • No share buyback activity affected the per-share amount.

Financial Impact

R$4.0 billion total capital return to shareholders, approximately 8.9% of market cap at current exchange rate (~$0.9B).

shareholder equitycash distribution

Risk Factors

  • If Brazilian real depreciates further, the USD value of the distribution declines for ADR holders.
  • Potential for future reductions in share count if buyback resumes, but not indicated here.

Market Snapshot

Exchange
NYSE
Sector
Telephone Communications (No Radiotelephone)
Analyst Consensus
60% bullish (20 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001292814-26-003171
Document: 0001292814-26-003171-index-headers.html0001292814-26-003171
Document: 0001292814-26-003171-index.html0001292814-26-003171
Document: 0001292814-26-003171.txt0001292814-26-003171
10 reports for VIV
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Reports for VIV — sortable, filterable
Type Now
May 22, 2026
1d ago
6-K
NEUTRAL ★ 3/10
awaiting T+5
May 15, 2026
8d ago
6-K
NEUTRAL ★ 3/10
awaiting T+5
May 15, 2026
8d ago
6-K
NEUTRAL ★ 3/10
awaiting T+5
May 15, 2026
8d ago
6-K
NEUTRAL ★ 3/10
awaiting T+5
May 15, 2026
8d ago
6-K
NEUTRAL ★ 4/10
awaiting T+5
May 11, 2026
12d ago
6-K
NEUTRAL ★ 2/10
$14.74 $14.09▼ −4.41%▼ −4.32%$13.38 (−9.23%)
Apr 27, 2026
26d ago
6-K
NEUTRAL ★ 2/10
$15.68 $15.76▲ +0.51%▼ −1.18%$13.38 (−14.67%)
Apr 27, 2026
26d ago
6-K
NEUTRAL ★ 2/10
$15.68 $15.76▲ +0.51%▼ −1.18%$13.38 (−14.67%)
Mar 30, 2026
7w ago
6-K
NEUTRAL ★ 3/10
$15.86 $16.52▲ +4.15%▲ +0.20%$13.38 (−15.66%)
Mar 27, 2026
8w ago
6-K
NEUTRAL ★ 3/10
$15.21 $15.81▲ +4.00%▲ +0.14%$13.38 (−12.01%)
Showing 10 of 10

US Market Status

Market Closed — Opens Tue (34h 49m)

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