Business Context and Reporting Period
Company: TIM S.A. (B3: TIMS3; NYSE: TIMB)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date of Report: March 18, 2026
Subject: Notice to Shareholders regarding the payment of Interest on Shareholders' Equity (JCP).
Key Financial Metrics
This filing announces a specific capital distribution rather than reporting comprehensive operational financial results (e.g., revenue, EBITDA, or net income).
- Total Distribution Amount: R$ 390,000,000.00 (Three hundred and ninety million reais).
- Gross Value Per Share: R$ 0.1632708888 (Estimated; subject to modification based on treasury share variations).
- Withholding Tax: 17.5% Income Tax (unless exemption applies).
Material Changes and Unusual Items
The filing does not disclose material changes to revenue, profit, or debt levels compared to prior periods. The primary event is the Board of Directors' approval of the Interest on Shareholders' Equity distribution.
Important Dates:
- Record Date (Identification of Shareholders): March 23, 2026.
- Payment Date: April 30, 2026.
- Ex-Dividend Date: Shares acquired after March 23, 2026, will be ex-rights.
Guidance, Outlook, and Risks
Management Commentary: The Company notes that the gross value per share is estimated and may be modified due to variations in the number of treasury shares resulting from share buybacks under the current program. A new notice will be issued if the final value per share changes.
Risks and Contingencies:
- Taxation: Shareholders must provide proof of differentiated taxation or exemption by March 23, 2026, to avoid the standard 17.5% withholding tax.
- Payment Logistics: Payment methods vary based on custody (CBLC/B3) or direct account credit at Banco Bradesco S/A.
Investor Verification Checklist
- Verify the final gross value per share in case of treasury share adjustments prior to the record date.
- Confirm tax status and submit exemption letters by March 23, 2026, if applicable to avoid 17.5% withholding.
- Ensure share ownership is recorded by March 23, 2026, to be eligible for the R$ 390 million distribution.
- Check custody arrangements (CBLC vs. Banco Bradesco) to understand the specific payment method.