Telefonica Brasil Files 6-K, Reports for Q3 2024
Ticker: VIV · Form: 6-K · Filed: Jul 15, 2024 · CIK: 1066119
| Field | Detail |
|---|---|
| Company | Telefonica Brasil S.A. (VIV) |
| Form Type | 6-K |
| Filed Date | Jul 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $650,000,000.00, $552,500,000.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, foreign-private-issuer, reporting-update
Related Tickers: VIV
TL;DR
Telefonica Brasil filed a 6-K, confirming Q3 reporting and 20-F for annuals. Standard procedure.
AI Summary
On July 15, 2024, Telefonica Brasil S.A. filed a Form 6-K with the SEC, reporting for the period ending September 30, 2024. The filing indicates that Telefonica Brasil S.A. is a foreign private issuer and will file its annual reports under Form 20-F. The company's principal executive office is located in Sao Paulo, Brazil.
Why It Matters
This filing provides an update on Telefonica Brasil's reporting status and confirms its adherence to SEC regulations for foreign private issuers, which is important for investors tracking the company's financial disclosures.
Risk Assessment
Risk Level: low — This filing is a routine procedural update and does not contain new financial performance data or significant strategic changes.
Key Players & Entities
- Telefonica Brasil S.A. (company) — Registrant
- 0001292814-24-002743 (other) — Accession Number
- 20240715 (date) — Filing Date
- 20240930 (date) — Period of Report
- 001-14475 (other) — SEC File Number
- Sao Paulo, Brazil (location) — Principal Executive Office
FAQ
What is the purpose of this Form 6-K filing?
The Form 6-K is a report of a foreign private issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, used to provide information to the SEC.
What period does this report cover?
The report is for the month of July 2024 and is conformed for the period of report ending September 30, 2024.
Will Telefonica Brasil S.A. file its annual reports under Form 20-F or 40-F?
Telefonica Brasil S.A. indicates it will file its annual reports under cover of Form 20-F.
Where is Telefonica Brasil S.A.'s principal executive office located?
The principal executive office is located at Av. Eng° Luís Carlos Berrini, 1376 - 28° andar, São Paulo, S.P., Federative Republic of Brazil.
Is Telefonica Brasil S.A. submitting this Form 6-K in paper format?
No, Telefonica Brasil S.A. is not submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).
Filing Stats: 614 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2024-07-15 17:20:45
Key Financial Figures
- $650,000,000.00 — ution 143/2022, in the gross amount of R$650,000,000.00 (six hundred and fifty million reais),
- $552,500,000.00 — of 15%, resulting in the net amount of R$552,500,000.00 (five hundred and fifty-two million, fi
Filing Documents
- viv20240715_6k.htm (6-K) — 30KB
- viv202407156k_001.jpg (GRAPHIC) — 4KB
- 0001292814-24-002743.txt ( ) — 37KB
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 July, 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 Corporate Taxpayer’s ID (CNPJ) 02.558.157/0001-62 Company Registry (NIRE) 35.3.001.5881-4 NOTICE TO SHAREHOLDERS DELIBERATION OF INTEREST ON CAPITAL Telefônica Brasil S.A. ("Company") communicates its Shareholders that its Board of Directors, at a meeting held on July 15 th , 2024, approved the declaration of Interest on Capital ("IoC"), pursuant to Article 26 of the Company's Bylaws, Article 9 of Law 9,249/95 and CVM Resolution 143/2022, in the gross amount of R$650,000,000.00 (six hundred and fifty million reais), withholding income tax at the rate of 15%, resulting in the net amount of R$552,500,000.00 (five hundred and fifty-two million, five hundred thousand reais), based on the balance sheet of June 30 th , 2024. The amount per share is described in the table below: Type of Payment Declaration Date Shareholding Position Gross Amount per Share (R$) Withholding Income Tax (15%) Net Amount per Share (R$) Interest on Capital 07/15/2024 07/26/2024 0.39467123305 0.05920068496 0.33547054809 As established in the article 26 of the Company's Bylaws, said IoC will be considered as part of the mandatory dividends for the fiscal year ending on December 31 st , 2024, a d referendum of the Ordinary General Shareholders' Meeting to be held in 2025. The IoC will be paid individually to each shareholder, based on the shareholding position in the Company's records at the end of July 26 th , 2024. After this date, the shares will trade as "ex-IoC". The payment of these proceeds will be made by April 30 th , 2025, with the Company's Executive Board being responsible for setting the exact date. The amount per share of Interest on Capital may be adjusted according to the Company's shareholding base on July 26 th , 2024, due to possible acquisitions of shares under the current Company's Share Buyback Program. TELEFÔNICA BRASIL S.A. Publicly Held Company Corporate Taxpayer’s ID (CNPJ) 02.558.157/0001-62 Company Registry (NIRE) 35.3.001.5881-4 Shareholders who are immune to or exempt from income tax, in accordance with the current legislation, must prove such conditions by August 1 st , 2024, to the Shares and Custody Department of Banco Bradesco S.A., the depositary institution of the Company's book-entry shares, located at Cidade de Deus, s/n, Prédio Amarelo Velho, subsolo – Vila Yara – Zip Code: 06029-900 – Osasco – SP. São Paulo, July 15 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 https://ri.telefonica.com.br/en 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: July 15, 2024 By: /s/ João Pedro Carneiro Name: João Pedro Carneiro Title: Investor Relations Director