TIM S.A. launches R$1B share buyback program
TIM S.A.’s board acknowledged the results of the latest share buyback program and approved opening a new buyback program under the company’s bylaws and CVM resolution. Up to 55,187,638 common shares may be acquired, without reducing capital stock, representing about 2.31% of total common shares, per the board’s February 12, 2025 approval.