Telefônica Brasil Approves R$4 Billion Capital Reduction

Telefonica Brasil ( (VIV) ) has issued an update.

On December 9, 2025, Telefônica Brasil S.A.’s Board of Directors approved a proposal to reduce the company’s capital stock by R$4 billion, from R$60.07 billion to R$56.07 billion, without canceling shares. This decision aims to reimburse shareholders a portion of their share value, maintaining their participation in the company’s capital unchanged. The reduction, subject to approval at an extraordinary general meeting, reflects strategic financial management and could impact shareholder returns and the company’s financial structure.

The most recent analyst rating on (VIV) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Telefonica Brasil stock, see the VIV Stock Forecast page.

Spark’s Take on VIV Stock

According to Spark, TipRanks’ AI Analyst, VIV is a Outperform.

Telefonica Brasil’s strong financial performance and positive technical indicators are the primary drivers of the stock’s high score. The earnings call further supports this with robust growth in key areas and a commitment to shareholder value. Valuation is reasonable, though not a standout factor. Prepaid revenue challenges are a minor concern.

To see Spark’s full report on VIV stock, click here.

More about Telefonica Brasil

Telefônica Brasil S.A. operates in the telecommunications industry, providing a range of services including mobile and fixed telephony, broadband, and digital services. The company is a significant player in the Brazilian market, focusing on enhancing connectivity and digital experiences for its customers.

Average Trading Volume: 742,520

Technical Sentiment Signal: Buy

Current Market Cap: $19.94B

For detailed information about VIV stock, go to TipRanks’ Stock Analysis page.