Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the month of July 2024. The report serves as a Notice to the Market regarding a recalculation of Interest on Capital declared on July 15, 2024, necessitated by share acquisitions under the Company's Share Buyback Program.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on the adjustment of a specific shareholder distribution.
| Metric | Original Value (R$) | Recalculated Value (R$) |
|---|---|---|
| Gross Amount per Share | 0.39467123305 | 0.39562415244 |
| Withholding Income Tax (15%) | 0.05920068496 | 0.05934362287 |
| Net Amount per Share | 0.33547054809 | 0.33628052957 |
Material Changes
- Recalculation Trigger: The amount per share for Interest on Capital was adjusted due to the Company's acquisition of its own shares under the Share Buyback Program.
- Impact: The Net Amount per Share increased slightly from R$ 0.33547054809 to R$ 0.33628052957.
Guidance, Outlook, and Unusual Items
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies beyond the specific transaction details.
- Payment Schedule: Interest on Capital will be paid individually to shareholders based on the shareholding position as of July 26, 2024.
- Ex-Interest Date: Shares will trade "ex-interest" after July 26, 2024.
- Payment Deadline: Payments are scheduled to be made by April 30, 2025, with the exact date to be set by the Executive Board.
Investor Verification Checklist
- Verify the shareholding position as of the record date of July 26, 2024, to confirm eligibility for the recalculated payment.
- Confirm the exact payment date once announced by the Executive Board (expected before April 30, 2025).
- Review the original Notice to Shareholders from July 15, 2024, to understand the initial declaration context.