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| Name | Symbol | Market | Type |
|---|---|---|---|
| Telefonica Brasil SA | NYSE:VIV | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.11% | 8.86 | 9.01 | 8.84 | 9.01 | 695,720 | 23:09:25 |
From May 2019 to May 2024
Spanish telecommunications giant Telefonica SA (TEF) Tuesday proposed that Portugal Telecom SGPS S/A (PT) pay out an extraordinary dividend of EUR1 a share or more if the Portuguese company's shareholders agree to sell the firm's stake in Vivo Participacioes SA (VIV).
Telefonica recently made a EUR6.5 billion bid for PT's stake in Brazilian mobile company Vivo.
In a regulatory filing, Telefonica said it had asked for the proposal to be included in a shareholder vote at PT's upcoming extraordinary shareholder meeting scheduled June 30.
Telefonica owns 76.3 million shares in PT, or 8.51% of the company's stock.
PT has 1.13 billion shares outstanding.
-By Christopher Bjork, Dow Jones Newswires, +34 91 395 81 23, christopher.bjork@dowjones.com
1 Year Telefonica Brasil Chart |
1 Month Telefonica Brasil Chart |
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