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Telefónica Brasil's R$5.845 Billion Shareholder Remuneration in 2024
Telefónica's Brazilian subsidiary, Vivo, distributed R$5.845 billion (€900 million) in shareholder remuneration in 2024, a 22% increase from 2023, exceeding 2022 levels and fulfilling a commitment to return at least 100% of net profit, offsetting the real's 22% devaluation.
Telefónica Brasil's R$5.845 Billion Shareholder Remuneration in 2024
Telefónica's Brazilian subsidiary, Vivo, distributed R$5.845 billion (€900 million) in shareholder remuneration in 2024, a 22% increase from 2023, exceeding 2022 levels and fulfilling a commitment to return at least 100% of net profit, offsetting the real's 22% devaluation.
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