Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the period ending June 30, 2025. The document serves as a Notice to the Market regarding a recalculation of Interest on Capital (IoC) amounts declared by the Board of Directors on June 12, 2025.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data disclosed relates to the per-share distribution of Interest on Capital.
| Metric | Original Amount (R$) | Recalculated Amount (R$) |
|---|---|---|
| Gross Amount per Share | 0.06172680327 | 0.06193311167 |
| Withholding Income Tax (15%) | 0.00925902049 | 0.00928996675 |
| Net Amount per Share | 0.05246778278 | 0.05264314492 |
Material Changes
The primary material change is the adjustment of the Interest on Capital per share. This recalculation was necessitated by the acquisition of the company's own shares under its Share Buyback Program. The net amount per share increased slightly from approximately R$ 0.0525 to R$ 0.0526.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, strategic outlook, or general management commentary regarding business operations. The document focuses exclusively on the administrative update of the IoC payment details. The payment is scheduled to be executed by April 30, 2026, on a date to be defined by the Board.
Important Facts for Investors to Verify
- Record Date: Shareholding position as of June 23, 2025, determines eligibility for the recalculated IoC.
- Ex-Interest Date: Shares will trade "ex-interest" after June 23, 2025.
- Payment Timing: The actual cash payment is not immediate; it is scheduled for a date to be defined by the Board, but no later than April 30, 2026.
- Reason for Change: The increase in per-share value is directly attributable to the reduction in outstanding shares via the Share Buyback Program.