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: September 23, 2025
Subject: Notice to Shareholders regarding the payment of Interest on Shareholders' Equity (JCP).
Key Financial Metrics
This filing does not contain comprehensive financial statements (revenue, profit, cash flow, or debt). It specifically details a capital distribution event:
- Total Distribution Amount: R$ 480,000,000.00 (Brazilian Reais)
- Gross Value Per Share: R$ 0.1994037422 (Estimated; subject to change based on treasury share variations)
- Withholding Tax: 15% Income Tax (unless exemption applies)
Material Changes and Events
The Board of Directors approved the distribution of R$ 480 million as Interest on Shareholders' Equity. This represents a specific cash outflow for shareholder returns rather than an operational performance metric. The filing notes that the per-share value is an estimate and may be adjusted if the number of treasury shares changes due to ongoing buyback programs.
Guidance, Outlook, and Important Dates
Key Dates:
- Record Date (Identification of Shareholders): September 26, 2025
- Payment Date: On or before January 21, 2026
Payment Mechanics: Payments will be made via B3 S.A. for book-entry shares, credited to accounts at Banco Bradesco S/A, or paid at branches for specific cases. Shareholders claiming tax exemption must submit proof by the record date.
Investor Verification Checklist
- Verify the final per-share amount, as the current figure (R$ 0.1994037422) is an estimate subject to treasury share fluctuations.
- Confirm share ownership status as of the record date (September 26, 2025) to ensure eligibility for the distribution.
- Review tax status to determine if the 15% withholding tax applies or if an exemption letter is required.
- Check for subsequent notices regarding the finalization of the per-share value if share buybacks occur prior to payment.