TIM S.A. Stock (TIMS3, TIMB) on Dec. 22, 2025: Dividend Cutoff Day, Buyback-Driven Share Count Drop, and Fresh Analyst Targets for Brazil’s Telecom Leader
TIM S.A. confirmed a BRL 2.21 billion shareholder payout, with Dec. 22, 2025 set as the record date for BRL 420 million in “interest on equity.” The dividend record date was Dec. 19, with ex-dividend trading starting Dec. 22. TIM also cancelled 28.7 million treasury shares. Payment for the IOE portion is due by June 30, 2026.
