https://www.tipranks.com/news/the-fly/charter-price-target-lowered-to-380-from-390-at-rbc-capital

TIM ( (TIMB) ) has shared an announcement.

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During the Board of Directors’ meeting on December 17, 2024, TIM S.A. discussed several key topics, including the approval of a R$650 million distribution as interest on shareholders’ equity, and the establishment of the company’s budget and industrial plan for 2025-2027. The meeting also encompassed acknowledgments of activities by various committees, a health partnership update, and cyber security initiatives. The resolutions taken aim to strengthen TIM’s market position and operational efficiency heading into 2025.

More about TIM

TIM S.A. is a publicly-held telecommunications company based in Rio de Janeiro, Brazil. It focuses on providing mobile and fixed telephony services, as well as broadband solutions, primarily within the Brazilian market.

YTD Price Performance: -30.42%

Average Trading Volume: 560,330

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.98B

See more insights into TIMB stock on TipRanks’ Stock Analysis page.

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