Telefônica Brasil Files 6-K for March 2024 Reporting Period

TL;DR

VIV: 6-K filed 3/5 for March reporting. Standard foreign private issuer update.

AI Summary

Telefônica Brasil S.A. filed a Form 6-K on March 5, 2024, for the reporting period ending March 31, 2024. The filing is a report of a foreign private issuer and indicates that the company files its annual reports under Form 20-F. The company's principal executive office is located in São Paulo, Brazil.

Why It Matters

This filing provides routine updates for investors regarding Telefônica Brasil's status as a foreign private issuer and its reporting schedule.

Risk Assessment

Risk Level: low — This filing is a routine report for a foreign private issuer and does not contain significant new financial or operational information.

Key Players & Entities

• TELEFONICA BRASIL S.A. (company) — Filer
• 0001292814-24-000652 (filing_id) — Accession Number
• 20240305 (date) — Filing Date
• 20240331 (date) — Reporting Period End Date
• São Paulo, Brazil (location) — Principal Executive Office Location

FAQ

Key Financial Figures

• $1 billion — um amount to be used in the Program is R$1 billion; (iii) Term : The Program will begin

Filing Documents

• viv20240304_6k1.htm (6-K) — 28KB
• viv202403046k1_001.jpg (GRAPHIC) — 4KB
• 0001292814-24-000652.txt ( ) — 35KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March, 2024 Commission File Number: 001-14475 TELEFNICA BRASIL S.A. (Exact name of registrant as specified in its charter) TELEFONICA BRAZIL S.A. (Translation of registrant's name into English) Av. Eng Lus Carlos Berrini, 1376 - 28 andar So Paulo, S.P. Federative Republic of Brazil (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No X TELEFÔNICA BRASIL S.A. Publicly Held Company CNPJ No. 02.558.157/0001-62 – NIRE 35.3.0015881-4 MATERIAL FACT Telefônica Brasil S.A. (“ Company ”) (B3: VIVT3; NYSE: VIV), in the form and for the purposes of Article 157, Paragraph 4 th , of Law No. 6,404/1976 and pursuant to CVM Resolution No. 44/2021, hereby informs its shareholders and the market in general that, on March 4 th , 2024, the Company’s Board of Directors approved a new Share Buyback Program of its own issuance, for the years 2024 and 2025 (“ Program ”). The Program was approved under the terms of Article 15, clause XV, of the Company’s Bylaws, as well as CVM Resolution 77/2022 and will come into effect on March 5 th , 2024, aiming at the acquisition of shares issued by the Company for treasury purposes and subsequent cancellation or sale, as follows: (i) Program Objective : Acquisition of common shares issued by the Company for treasury purposes, future cancellation or sale, with no reduction in capital stock, for the intention of increasing shareholder value through the efficient application of available cash resources, optimizing the Company’s capital allocation; (ii) Resources : The share buybacks will be carried out through the use of resources available in statutory profit reserve and may also use the result obtained in the current fiscal year, in accordance with Article 8, Paragraph 1, clauses I and II, of CVM Resolution 77/2022. The maximum amount to be used in the Program is R$1 billion; (iii) Term : The Program will begin on March 5 th , 2024, and end on March 4 th , 2025; (iv) Price and acquisition method : The acquisitions shall be made in the Stock Exchange (B3 – Brasil, Bolsa e Balcão), at Market prices; (v) Number of shares to be acquired : Up to 40,827,672 common shares; (vi) Intermediary Financial Institutions : The buybacks operations carried out under the Program will be intermediated by the following financial institutions: (i) Bradesco Corretora S.A. CTVM; (ii) BTG Pactual Corretora de Títulos e Valores Mobiliários S.A.; (iii) Itaú Corretora de Valores S.A.; (iv) Santander Corretora de Câmbio e Valores Mobiliários S.A.; and (v) XP Investimentos CCTVM S.A. Information about the Program, including those required under CVM Resolution 77/2022 and CVM Resolution 44/2021, and additional complementary documents, are available to shareholders at the Company’s headquarters and website (ri.telefonica.com.br), as well as on CVM and the Stock Exchange (B3 – Brasil, Bolsa e Balcão) websites. São Paulo, March 5 th , 2024. David Melcon Sanchez-Friera CFO and Investor Relations Officer Telefônica Brasil – Investor Relations Tel: +55 11 3430 3687 Email: ir.br@telefonica.com Website: ri.telefonica.com.br SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TELEFNICA BRASIL S.A. Date: March 4, 2024 By: /s/ João Pedro Carneiro Name: João Pedro Carneiro Title: Investor Relations Director

View Full Filing

View this 6-K filing on SEC EDGAR