TIM launches R$ 1 billion buyback program for up to 55,187,638 shares through Feb. 2028

Reuters2026/08/19 21:37

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TIM launched a new share buyback program of up to 55,187,638 common shares, representing about 2.31% of outstanding common stock.
Program capped at BRL 1 billion, with shares to be held in treasury or cancelled; authorization runs through Feb. 19, 2028.
Prior buyback program ended Aug. 12, 2026, with 46,884,500 common shares repurchased for about BRL 1 billion.
Of those, 28,678,509 shares were cancelled on Dec. 16, 2025; remaining shares stay in treasury.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TIM SA published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TIM launches R$ 1 billion buyback program for up to 55,187,638 shares through Feb. 2028

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