Business Context and Reporting Period
Company: TIM S.A. (TIMS3, TIMB)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date of Report: September 17, 2024
Subject: Notice to Shareholders regarding the payment of Interest on Shareholders' Equity (JCP).
Key Financial Metrics
This filing does not contain standard financial performance metrics such as revenue, profit, cash flow, margins, or debt levels. It focuses exclusively on a capital distribution event.
| Metric | Value |
|---|---|
| Total Distribution Amount | R$ 300,000,000.00 |
| Gross Value Per Share | R$ 0.123945910 |
| Withholding Tax Rate | 15% (Income Tax) |
Material Changes
The filing does not report material changes in operating results or financial position compared to prior periods. The primary event is the Board of Directors' approval of the R$ 300 million distribution.
Guidance, Outlook, and Unusual Items
- Payment Schedule: Payment is scheduled for October 23, 2024.
- Record Date: September 23, 2024, is the date for identifying shareholders entitled to receive the distribution. Shares acquired after this date will be ex-rights.
- Contingency: The per-share amount is estimated and may be modified if the Company disposes of treasury shares to attend to its Long-Term Incentive Plan. A new notice will be issued if adjustments occur.
- Taxation: A 15% withholding tax applies unless shareholders provide proof of differentiated taxation or exemption by the record date.
Investor Verification Checklist
- Verify the final per-share amount in case of treasury share disposals affecting the Long-Term Incentive Plan.
- Confirm shareholder status as of the September 23, 2024 record date to ensure eligibility.
- Review tax exemption status and submit required documentation to Banco Bradesco S/A by September 23, 2024, if applicable.
- Check custody arrangements (CBLC/B3) for payment processing details.