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Telefônica Brasil Board Approves R$325 Million Interest on Capital and Confirms Director’s Resignation

Story Highlights
  • Telefônica Brasil’s board approved R$325 million in interest on capital for 2026, reinforcing its shareholder remuneration policy.
  • Director Francisco Javier de Paz Mancho resigned effective February 13, 2026, prompting a minor governance reshuffle at Telefônica Brasil.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telefônica Brasil Board Approves R$325 Million Interest on Capital and Confirms Director’s Resignation

Meet Samuel – Your Personal Investing Prophet

Telefonica Brasil ( (VIV) ) just unveiled an announcement.

At its 515th board meeting held on February 12, 2026, Telefônica Brasil approved the distribution of R$325 million in interest on capital based on the January 31, 2026 balance sheet, with entitlement set for shareholders on record at the close of February 23, 2026. The net amount will be credited against the mandatory dividend for the 2026 fiscal year and is scheduled to be paid by April 30, 2027, while the company also acknowledged the resignation of board and committee member Francisco Javier de Paz Mancho, effective February 13, 2026, signaling a minor change in its governance lineup.

The board’s decision to allocate a substantial interest-on-capital payment underscores Telefônica Brasil’s ongoing commitment to shareholder returns, even as its share buyback program may slightly adjust the per-share amount by the record date. De Paz Mancho’s departure from the board and the Nominations, Compensation and Corporate Governance Committee introduces a modest reshuffle in oversight roles, but the remaining directors formally expressed appreciation for his contributions, suggesting continuity in strategic direction and governance practices.

The most recent analyst rating on (VIV) stock is a Buy with a $16.50 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., which operates under the Vivo brand, is a publicly held telecommunications company based in São Paulo, Brazil. It provides mobile, fixed-line, broadband and related digital services to consumers and businesses, positioning itself as one of the country’s largest integrated telecom operators.

Average Trading Volume: 806,783

Technical Sentiment Signal: Buy

Current Market Cap: $25.04B

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

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