Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the month of May 2026. The report serves as a Notice to the Market confirming details regarding a capital reduction approved at an Extraordinary Shareholders' Meeting on March 12, 2026.
Key Financial Metrics
The filing does not provide standard operating financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The primary financial data disclosed relates to the capital reduction program:
- Total Reduction Amount: R$ 4,000,000,000.00
- Amount Per Share: R$ 1.25171862845
- Payment Date: July 14, 2026
- Record Date for Trading: Shares will trade "ex-reimbursement rights" after May 22, 2026.
Material Changes
The Company confirmed that no acquisitions, divestitures, or cancellations of treasury shares were executed under its Share Buyback Program between the previous announcements (December 9, 2025, March 12, 2026, and May 15, 2026) and this filing date. Consequently, the amount per share to be paid remains unchanged from the previously disclosed figures.
Guidance, Outlook, and Management Commentary
Management, represented by the CFO and Investor Relations Officer, confirmed the payment schedule. The total amount resulting from the capital reduction will be paid in a single installment on July 14, 2026, directly to shareholders in proportion to their holdings. The filing contains no forward-looking guidance on operational performance, risks, or contingencies beyond the execution of this specific capital event.
Investor Verification Checklist
- Verify the record date of May 22, 2026, to confirm eligibility for the R$ 1.25171862845 per share payment.
- Confirm the payment execution date of July 14, 2026, for cash flow planning.
- Monitor the stock trading status post-May 22, 2026, as shares will trade ex-reimbursement rights.
- Note that this filing does not contain updated operational results; refer to the most recent Form 20-F or quarterly reports for revenue and profit data.