Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the month of November 2025. The report serves as a Notice to the Market regarding a recalculation of Interest on Capital (IoC) previously declared by the Board of Directors on November 13, 2025.
Key Financial Metrics
The filing does not provide consolidated revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data disclosed pertains to the per-share Interest on Capital payment:
- Payment Type: Interest on Capital (IoC)
- Declaration Date: November 13, 2025
- Record Date: November 24, 2025
- Revised Gross Amount per Share: R$ 0.10630143820
- Withholding Income Tax (15%): R$ 0.01594521573
- Revised Net Amount per Share: R$ 0.09035622247
- Payment Execution Date: On or before April 30, 2026
Material Changes Versus Prior Period
The filing details a material adjustment to the previously announced IoC amount due to the Company's share buyback program:
- Previous Gross Amount: R$ 0.10608541339 per share
- New Gross Amount: R$ 0.10630143820 per share
- Reason for Change: Acquisitions of the Company's own shares under the Share Buyback Program reduced the total share count, thereby increasing the per-share distribution amount.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of general business risks. The primary contingency noted is the timing of the payment, which is scheduled for a date to be defined by the Board but must occur by April 30, 2026. Shares will trade "ex-interest" after the record date of November 24, 2025.
Investor Verification Checklist
- Verify shareholding position as of the close of business on November 24, 2025 to confirm eligibility for the revised IoC payment.
- Confirm the exact payment date once defined by the Board, noting the deadline of April 30, 2026.
- Review the impact of the share buyback program on the total number of outstanding shares to understand the basis for the per-share increase.
- Ensure tax withholding calculations align with the 15% rate applied to the gross amount of R$ 0.10630143820.