TIM S.A. Cancels 28 Million Treasury Shares

TIM ( (TIMB) ) has issued an update.

On December 16, 2025, TIM S.A. announced the cancellation of 28,678,509 treasury shares, which were acquired under its current Buyback Program. This decision, approved by the Board of Directors, does not affect the company’s capital stock, which remains at 2,392,125,889 common shares. The adjustment will be reflected in the company’s bylaws at the next Shareholders’ Meeting. This move is likely to impact the company’s stock valuation and shareholder returns, as it reduces the number of outstanding shares, potentially increasing the value of remaining shares.

The most recent analyst rating on (TIMB) stock is a Sell with a $24.00 price target. To see the full list of analyst forecasts on TIM stock, see the TIMB Stock Forecast page.

Spark’s Take on TIMB Stock

According to Spark, TipRanks’ AI Analyst, TIMB is a Outperform.

TIMB’s overall score is driven by strong financial performance and positive earnings call highlights, including robust revenue growth and strategic expansions. The technical analysis supports a positive trend, and the valuation is attractive with a high dividend yield. Minor concerns include cost pressures and broadband revenue challenges.

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

More about TIM

TIM S.A. is a publicly-held company operating in the telecommunications industry, providing mobile and fixed telephony services, as well as broadband internet and other related services. The company is listed on both the B3 in Brazil and the NYSE in the United States, indicating a significant market presence in both local and international markets.

Average Trading Volume: 332,650

Technical Sentiment Signal: Buy

Current Market Cap: $10.47B

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