Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the month of August 2026. The report announces a Board of Directors decision made on August 14, 2026, regarding the declaration of Interest on Capital (IoC) for shareholders.
Key Financial Metrics
- Interest on Capital (IoC) Gross Amount: R$350,000,000.00
- Withholding Income Tax Rate: 17.5%
- IoC Net Amount: R$288,750,000.00
- Gross Amount Per Share: R$0.10952537999
- Net Amount Per Share: R$0.09035843849
- Reference Balance Sheet Date: July 31, 2026
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity metrics beyond the specific IoC declaration.
Material Changes
The filing does not contain comparative financial data against prior periods to assess material changes in operational performance. The primary material event is the declaration of the IoC, which is considered part of the mandatory dividends for the fiscal year ending December 31, 2026.
Guidance, Outlook, and Management Commentary
- Payment Schedule: Proceeds will be paid by April 30, 2027, with the exact date to be set by the Executive Board.
- Record Date: Shareholding position as of August 26, 2026 determines eligibility. Shares will trade "ex-IoC" after this date.
- Share Buyback Impact: The amount per share may be adjusted if the Company executes share repurchases under its ongoing Share Buyback Program prior to the record date. If repurchases occur, a new Notice to the Market will be issued.
- Tax Compliance: Shareholders subject to differentiated tax regimes must provide evidence of status by September 2, 2026, to the depositary institution (Banco Bradesco S.A.).
Investor Verification Checklist
- Verify the final per-share amount if the Company announces share repurchases between now and the August 26, 2026 record date.
- Confirm eligibility for tax treaty benefits or exemptions by the September 2, 2026 deadline to avoid standard 17.5% withholding.
- Monitor the Company's website for the exact payment date to be announced by the Executive Board before April 30, 2027.
- Review the Ordinary General Shareholders' Meeting in 2027 for the final ratification of this IoC as part of mandatory dividends.