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Telefônica Brasil Cancels Treasury Shares to Optimize Capital Structure

Story Highlights
  • Telefônica Brasil’s Board approved the cancellation of 34,740,770 treasury shares.
  • The cancellation aligns with the Share Buyback Program and optimizes capital structure.
  • 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 shared an update.

On July 24, 2025, Telefônica Brasil S.A.’s Board of Directors held a meeting in Madrid, Spain, where they approved the cancellation of 34,740,770 common shares held in treasury, representing 1.07% of the company’s share capital. This decision, which aligns with the company’s Share Buyback Program, does not reduce the share capital’s value and reflects a strategic move to optimize capital structure. The board also authorized the convening of a General Shareholders’ Meeting to amend the company’s bylaws to reflect the new number of shares, indicating a proactive approach to managing its equity and enhancing 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. is a leading telecommunications company in Brazil, providing a wide range of services including mobile and fixed-line telephony, broadband, and digital television. The company focuses on delivering advanced communication solutions to both individual and corporate clients across the Brazilian market.

Average Trading Volume: 1,981,329

Technical Sentiment Signal: Buy

Current Market Cap: $18.09B

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

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