Telefonica Brasil Proposes R$4 Billion Capital Reduction

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

On December 5, 2025, Telefonica Brasil’s Fiscal Council held a meeting to discuss a proposal to reduce the company’s capital stock by R$4 billion. This reduction, which does not involve the cancellation of shares, aims to reimburse shareholders part of the value of their shares. The Fiscal Council unanimously approved the proposal, which will be presented at an extraordinary shareholders’ meeting. If approved, the reduction will be implemented within 60 days, with payments to shareholders expected by July 31, 2026. This strategic financial move is significant for stakeholders as it involves a substantial capital adjustment while maintaining shareholder participation unchanged.

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

Telefonica Brasil S.A. is a publicly held company in the telecommunications industry, primarily offering telecommunication services and products. The company is based in São Paulo, Brazil, and operates under the regulatory framework of Brazilian Corporation Law.

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.