TELEFONICA BRASIL S.A. | CIK:0001066119 | 3

  • Filed: 3/19/2018
  • Entity registrant name: TELEFONICA BRASIL S.A. (CIK: 0001066119)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1066119/000129281418000755/0001292814-18-000755-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1066119/000129281418000755/viv-20171231.xml
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  • ifrs-full:DisclosureOfTreasurySharesExplanatory

     

     

     

     

     

     

     

     

     

     

     

    Shares

     

    In thousands of 

    Treasury stock

        

    Common shares

        

    Preferred shares

        

    Total

        

    reais

    At 12.31.15

     

    2,290,164

     

    734

     

    2,290,898

     

    (87,805)

    Transfer of lawsuits concerning judicial proceedings  (1)

     

     —

     

    (395)

     

    (395)

     

    15

    At 12.31.16

     

    2,290,164

     

    339

     

    2,290,503

     

    (87,790)

    Acquisition of shares in the financial market  (2)

     

     —

     

    706

     

    706

     

    (32)

    Transfer of lawsuits concerning judicial proceedings  (1)

     

     —

     

    (62)

     

    (62)

     

     2

    At 12.31.17

     

    2,290,164

     

    983

     

    2,291,147

     

    (87,820)


    (1)

    Refers to the transfer of preferred shares in treasury to outstanding shares to comply with decisions of lawsuits in which the Company is involved that deals with rights to the complementary receipt of shares calculated in relation to plans to expand the network after 1996.

    (2)

    The Company acquired preferred shares issued by the Company in the financial market: (i) on June 1, 2017, 45 shares at a unit price of R$ 47.31, totaling R$ 2; and (ii) on July 5, 2017, 661 shares at a unit price of R$45.26, totaling R$32.