Telefonica Brasil ( (VIV) ) has provided an update.
On March 13, 2025, Telefônica Brasil S.A. held its 60th Extraordinary Shareholders’ Meeting where a reverse split and subsequent split operation were approved. This move is part of the company’s strategic efforts to streamline its operations and enhance its market positioning, potentially impacting shareholder value and the company’s competitive stance in the telecommunications sector.
More about Telefonica Brasil
Telefônica Brasil S.A. is a joint-stock company based in São Paulo, Brazil, operating in the telecommunications industry. The company is involved in providing telecommunications services, value-added services, integrated solutions, and software licensing, with a focus on data management, information technology, and electronic security systems.
YTD Price Performance: 15.88%
Average Trading Volume: 912,092
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $13.76B
For an in-depth examination of VIV stock, go to TipRanks’ Stock Analysis page.