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TIM ( (TIMB) ) has shared an update.
On February 10, 2025, TIM S.A.’s Fiscal Council convened to address several important financial and operational matters for the fiscal year ending December 31, 2024. The council reviewed tax, regulatory, civil, and labor contingencies, and evaluated proposals regarding the payment of interest on equity, financial statements, and dividend distribution. The company plans a distribution of profits amounting to R$200,000,000 in interest on equity, with further approval for a total of R$3,500,000,000 in dividends and interest on equity, reflecting robust financial performance. These decisions will be presented at the company’s Annual Shareholders’ Meeting.
More about TIM
TIM S.A. is a publicly held company based in Rio de Janeiro, Brazil, operating in the telecommunications industry. It provides a range of services including mobile and fixed telephony, internet, and data transmission, with a market focus on Brazil.
YTD Price Performance: 14.36%
Average Trading Volume: 539,278
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.54B
See more insights into TIMB stock on TipRanks’ Stock Analysis page.
