TIM S.A. Closes Buyback Program, Launches New One
Company Announcements

TIM S.A. Closes Buyback Program, Launches New One

TIM (TIMB) has released an update.

TIM S.A. has concluded its sixth Share Buyback Program, acquiring 4.6 million shares at an average price of R$16.44, primarily to meet executive stock-based compensation obligations. The company has also announced the initiation of a new buyback program, Program 7, which will allow the purchase of up to 5 million shares until January 30, 2026, using the company’s capital and profit reserves totaling over R$7.5 billion.

For further insights into TIMB stock, check out TipRanks’ Stock Analysis page.

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