Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. Telefônica Brasil S.A.
  6. News
  7. Summary
    VIVT3   BRVIVTACNOR0

TELEFÔNICA BRASIL S.A.

(VIVT3)
  Report
End-of-day quote. End-of-day quote Bolsa de Valores de Sao Paulo - 09/15
41.42 BRL   -3.20%
08/30TELEFÔNICA BRASIL S A : Corporate Presentation | Aug-21
PU
08/18Brazil to hold 5G spectrum auction in October -minister
RE
08/03TELEFÔNICA BRASIL S A : TELEFÔNICA BRASIL S.A (Form 6-K)
PU
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Telefônica Brasil S A : Minutes of the 193rd Meeting of the Fiscal Board

03/18/2021 | 04:50pm EDT

TELEFÔNICA BRASIL S.A.

Public-held Company

CNPJ/MF Nº. 02.558.157/0001-62 - NIRE 35.3.0015881-4

MINUTES OF THE 193rd MEETING OF THE FISCAL BOARD OF TELEFÔNICA

BRASIL S.A., HELD ON MARCH 18, 2021.

1. DATE, TIME AND PLACE: March 18, 2021, at 10:00 a.m., exceptionally held remotely, due to the COVID-19 pandemic, pursuant to the article 17, paragraph 1 of the Internal Regulations of the Fiscal Board ("Internal Regulation") of Telefônica Brasil S.A. ("Company").

2. CALL NOTICE AND ATTENDANCE: The call notice was waived, in view of the presence of all members of the Company's Fiscal Board ("Fiscal Board"), who subscribe these minutes, as provided in article 13, paragraph 2 of the Company's Bylaws. Also, attended the Meeting the Director of Corporate and Corporate Affairs, Ms. Carolina Simões Cardoso, was present as Secretary of the Meeting.

3. AGENDA AND DELIBERATION: After examining and debating on the matter on the Agenda, the Fiscal Board members, who attended the Meeting, deliberated unanimously, as described below:

3.1. DISTRIBUTION OF INTEREST ON CAPITAL: The proposal of distribution of

Interest on Capital ("IOC") to be submitted to the deliberation of the Company's Board of Directors, in the following terms:

"Proposal of deliberation of IOC based on the balance sheet of February 28, 2021, in the gross amount of R$270,000,000.00, which is equivalent to R$229,500,000.00 net of income tax. The interest per share equals R$0.16009837668 per common share (R$0.13608362017 net of income tax).

The credit of IOC will be made on individual basis for each shareholder, in accordance with the shareholders registry book position by the end of March 31, 2021. After this date, the shares will be considered as "ex-Interest on Capital".

The Interest on Capital will be charged to the mandatory minimum dividend for the fiscal year of 2021, "ad referendum" of the General Shareholders' Meeting to be held in 2022 and the payment of these proceeds will be carried out until July 31, 2022, in a date to be defined by the Company's Board."

The Fiscal Board members unanimously issued a favorable opinion to the proposal, since considered such proposal in accordance with the applicable legislation.

1

TELEFÔNICA BRASIL S.A.

Public-held Company

CNPJ/MF Nº. 02.558.157/0001-62 - NIRE 35.3.0015881-4

4. CLOSING: Since there was no other business to be transacted, the meeting was closed, and these minutes were drawn-up. São Paulo, March 18, 2021.

Gabriela Soares Pedercini

Fiscal Board Member

Cremênio Medola Netto

Fiscal Board Member

Charles Edwards Allen

Fiscal Board Member

Carolina Simões Cardoso

Secretary of the Meeting

2

Disclaimer

Telefônica Brasil SA published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 21:49:01 UTC.


© Publicnow 2021
All news about TELEFÔNICA BRASIL S.A.
08/30TELEFÔNICA BRASIL S A : Corporate Presentation | Aug-21
PU
08/18Brazil to hold 5G spectrum auction in October -minister
RE
08/03TELEFÔNICA BRASIL S A : TELEFÔNICA BRASIL S.A (Form 6-K)
PU
08/03TELEFÔNICA BRASIL S A : MINUTES OF THE 403rd BOARD OF DIRECTORS' MEETING OF TELE..
PU
07/28Telefónica Brasil Seeks Acquisitions
CI
07/27TELEFÔNICA BRASIL S A : Results Presentation 2Q21
PU
07/27TELEFÔNICA BRASIL S A : Strong customer base growth in core1 businesses, consoli..
PU
07/27Telefônica Brasil S.A. Reports Earnings Results for the Second Quarter Ended ..
CI
07/23Brazil competition regulator signals 'complex' path for Oi sale approval
RE
07/06Telefônica Brasil S.A. Provides Updates on Agreement for the Construction, De..
CI
More news
Analyst Recommendations on TELEFÔNICA BRASIL S.A.
More recommendations
Financials
Sales 2021 43 766 M 8 321 M 8 321 M
Net income 2021 5 335 M 1 014 M 1 014 M
Net Debt 2021 5 756 M 1 094 M 1 094 M
P/E ratio 2021 13,2x
Yield 2021 7,71%
Capitalization 69 790 M 13 284 M 13 269 M
EV / Sales 2021 1,73x
EV / Sales 2022 1,57x
Nbr of Employees 32 759
Free-Float 55,1%
Chart TELEFÔNICA BRASIL S.A.
Duration : Period :
Telefônica Brasil S.A. Technical Analysis Chart | VIVT3 | BRVIVTACNOR0 | MarketScreener
Technical analysis trends TELEFÔNICA BRASIL S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Last Close Price 41,42 BRL
Average target price 58,76 BRL
Spread / Average Target 41,9%
EPS Revisions
Managers and Directors
Christian Mauad Gebara Chief Executive Officer & Director
David Melcon Sanchez-Friera Chief Financial & Investor Relations Officer
Eduardo Navarro de Carvalho Chairman
Francisco Javier de Paz Mancho Director
Luiz Fernando Furlán Director
Sector and Competitors
1st jan.Capi. (M$)
TELEFÔNICA BRASIL S.A.-10.92%13 267
VERIZON COMMUNICATIONS-7.39%225 926
CHARTER COMMUNICATIONS, INC.15.67%140 661
CHINA MOBILE LIMITED10.07%127 999
NIPPON TELEGRAPH AND TELEPHONE CORPORATION22.36%106 936
DEUTSCHE TELEKOM AG16.38%97 560