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Telefônica Brasil Cancels Treasury Shares to Optimize Capital Structure

Story Highlights
  • Telefônica Brasil canceled 34,740,770 treasury shares, 1.07% of its capital.
  • The share cancellation reflects strategic financial management and shareholder value optimization.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telefônica Brasil Cancels Treasury Shares to Optimize Capital Structure

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Telefonica Brasil ( (VIV) ) has provided an announcement.

On July 24, 2025, Telefônica Brasil S.A. announced the cancellation of 34,740,770 common shares held in treasury, representing 1.07% of its capital stock, as part of its Share Buyback Program. This move, approved by the Board of Directors, adjusts the company’s capital stock to 3,226,546,622 shares and reflects strategic financial management. The company also noted adjustments to its share buyback program following a reverse and forward stock split effective April 15, 2025, highlighting its ongoing efforts to optimize shareholder value.

The most recent analyst rating on (VIV) stock is a Hold with a $10.40 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 demonstrates strong financial performance and promising growth prospects, particularly in digital services and B2B. While technical indicators suggest short-term caution due to overbought conditions, the company’s strong earnings and strategic initiatives provide a solid foundation for future growth. The valuation is reasonable, but the modest dividend yield limits its attractiveness.

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

More about Telefonica Brasil

Telefônica Brasil S.A., operating under the brand name Vivo, is a leading telecommunications company in Brazil. It provides a wide range of services including mobile and fixed telephony, broadband, and digital services, focusing primarily on the Brazilian market.

Average Trading Volume: 1,981,329

Technical Sentiment Signal: Buy

Current Market Cap: $18.09B

Find detailed analytics on VIV stock on TipRanks’ Stock Analysis page.

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