Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the period ending June 30, 2024. The document serves as a Notice to the Market regarding a recalculation of Interest on Capital declared on June 14, 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 | 0.10600627919 | 0.10622650585 |
| Withholding Income Tax (15%) | 0.01590094188 | 0.01593397587 |
| Net Amount per Share | 0.09010533731 | 0.09029252997 |
Material Changes
The primary material change is the increase in the per-share Interest on Capital payment due to the reduction in the number of outstanding shares following the Company's Share Buyback Program. The filing text does not provide data for comparison against prior comparable periods for operational metrics.
Guidance, Outlook, and Unusual Items
- Payment Schedule: The Interest on Capital will be paid individually to shareholders based on the shareholding position as of June 26, 2024. Shares will trade "ex-interest" after this date.
- Payment Date: The payment is scheduled to be made by April 30, 2025, with the exact date to be set by the Executive Board.
- Unusual Items: The recalculation is a direct result of the Share Buyback Program activity.
Investor Verification Checklist
- Verify the shareholding position on the Company's records as of June 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 dated June 14, 2024, for context on the initial declaration.
- Note that this filing does not contain updated quarterly financial results; refer to the Company's 20-F or quarterly reports for operational performance.