Telefônica Brasil Completes Share Auction Following Stock Split

Telefonica Brasil ( (VIV) ) has issued an update.

On May 19, 2025, Telefônica Brasil S.A. announced the completion of an auction for the sale of 35,633,792 common shares, resulting from a reverse and forward stock split. This transaction, approved at an Extraordinary General Meeting on March 13, 2025, did not alter the company’s share capital but adjusted the total number of shares. The auction generated proceeds of R$949.35 million, which will be distributed to shareholders by May 28, 2025. This move is part of the company’s strategic financial restructuring, potentially impacting shareholder value and market perception.

The most recent analyst rating on (VIV) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Telefonica Brasil stock, see the VIV Stock Forecast page.

Spark’s Take on VIV Stock

According to Spark, TipRanks’ AI Analyst, VIV is a Outperform.

Telefonica Brasil earns a solid score driven by strong financial performance and impressive growth metrics highlighted in the latest earnings call. The stock’s technical indicators support the positive outlook, though caution is advised due to potential cost pressures and the valuation suggests a fair market price. The company’s attractive dividend yield adds to its appeal, making it a balanced opportunity for both growth and income-focused investors.

To see Spark’s full report on VIV stock, click here.

More about Telefonica Brasil

Telefônica Brasil S.A., operating under the brand Vivo, is a leading telecommunications company in Brazil. It provides a wide range of services including mobile and fixed-line telephony, broadband, and digital television, focusing on delivering high-quality connectivity solutions across the country.

Average Trading Volume: 949,663

Technical Sentiment Signal: Strong Buy

Current Market Cap: $15.92B

See more insights into VIV stock on TipRanks’ Stock Analysis page.