Company Market News

TIM S.A. (NYSE: TIMB)
9:00 PM UTC, 12/12/25
Last: $21.57 Change: +0.07 %Change: +0.33% Volume: 265,909
TIM Board Approves $173 Million Share Repurchase Program

Back

Last updated: 02/12/2025 2:10:28 PM

02:10 PM EST, 02/12/2025 (MT Newswires) -- TIM (TIMB) on Wednesday said its board approved a new share buyback program to repurchase up to around 67.2 million shares.

The telecommunications company said it was authorized to use up to 1 billion Brazilian reais ($173.6 million) for the share repurchases. TIM also said that the previous buyback program was terminated.

TIMB shares were over 1% higher in recent trading.

Price: 14.95, Change: +0.23, Percent Change: +1.56

http://www.mtnewswires.com
Copyright © 2025 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.




Quotes displayed with 15 minutes delay. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. News provided by MT Newswires, a Division of MidnightTrader, Inc. Events Data provided by Wall Street Horizon. ©2021 Wall Street Horizon, Inc.