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MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  Telefônica Brasil S.A.    VIVT4   BRVIVTACNPR7

TELEFÔNICA BRASIL S.A.

(VIVT4)
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Telefônica Brasil S A : Conversion of Preferred Shares into Common Shares - Anatel's approval

08/06/2020 | 05:39pm EST

TELEFÔNICA BRASIL S.A.

Publicly-Held Corporation

CNPJ/MF 02.558.157/0001-62 - NIRE 35.3.001.5881-4

NOTICE TO THE MARKET

Telefônica Brasil S.A. ("Company" or "Telefônica Brasil") (B3: VIVT3 / VIVT4; NYSE: VIV), in accordance with article 157 of Law nº 6,404 and with the provisions of CVM Instruction No. 358, communicates to its shareholders and the market in general, in continuity with the Material Fact disclosed on March 9, 2020 that, on this date, the Company obtained the authorization of ANATEL - Agência Nacional de Telecomunicações to convert the totality of 1,119,340,706 (one billion, one hundred and nineteen million, three hundred and forty thousand, seven hundred and six) preferred shares issued by the Company into common shares, nominative and with no par value, in the proportion of 1 (one) common share for each 1 (one) preferred share converted, with extinction of the preferred shares ("Conversion").

Finally, Telefônica Brasil informs that it will start the procedures with a view to obtaining the applicable corporate approvals for the execution of the Conversion, including, but not limited to, the approvals by its Board of Directors and by the Extraordinary and Special Shareholders Meetings of the Company, as well as by the other internal bodies and that will keep its shareholders and the market duly informed about the progress of said approvals.

São Paulo, August 06, 2020.

David Melcon Sanchez-Friera

CFO and Investor Relations Officer

Telefônica Brasil - Investor Relations

Phone: +55 11 3430-3687

Email: ir.br@telefonica.com

Information available at www.telefonica.com.br/ri

1

Disclaimer

Telefônica Brasil SA published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 21:38:09 UTC


© Publicnow 2020
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Financials
Sales 2020 42 966 M 8 088 M 8 088 M
Net income 2020 4 828 M 909 M 909 M
Net Debt 2020 8 835 M 1 663 M 1 663 M
P/E ratio 2020 15,2x
Yield 2020 7,16%
Capitalization 75 461 M 14 142 M 14 204 M
EV / Sales 2020 1,96x
EV / Sales 2021 1,92x
Nbr of Employees 32 793
Free-Float 49,1%
Chart TELEFÔNICA BRASIL S.A.
Duration : Period :
Telefônica Brasil S.A. Technical Analysis Chart | VIVT4 | BRVIVTACNPR7 | MarketScreener
Technical analysis trends TELEFÔNICA BRASIL S.A.
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 59,00 BRL
Last Close Price 43,40 BRL
Spread / Highest target 42,9%
Spread / Average Target 35,9%
Spread / Lowest Target 29,0%
EPS Revisions
Managers
NameTitle
Christian Mauad Gebara Chief Executive Officer & Director
Eduardo Navarro de Carvalho Chairman
David Melcon Sanchez-Friera Chief Financial & Investor Relations Officer
Francisco Javier de Paz Mancho Director
Luiz Fernando Furlán Director
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