Itaú Unibanco Announces Payment of Interest on Capital
Itaú Unibanco Holding S.A. has made an important announcement regarding the payment of interest on capital (IOC) to its stockholders. This decision reflects the Bank's ongoing commitment to its shareholders and their returns on investment.
Details of the Payment
During a recent meeting, the Board of Directors approved a payment of R$0.310560 per share. It's significant to note that this amount will be subject to a withholding income tax at a rate of 15%. Therefore, the net interest that stockholders will receive comes to R$0.263976 per share. Corporate stockholders who can demonstrate their immunity or exemption from withholding will not be subject to this deduction.
Timeline for Payments
The distribution of these funds will occur after April 30, 2025. Those holding shares must ensure their stock positions are recorded accurately by December 9 of the current year, as shares will be traded ‘ex-rights’ starting December 10.
Equal Treatment for Share Classes
What's particularly noteworthy is that the amounts payable as interest on capital are identical for both common and preferred shares. This initiative underlines the bank's equitable treatment of all shareholders, thereby enhancing confidence among investors.
Investor Relations Information
Stockholders looking for more information can reach out to the Investor Relations team. They can direct inquiries through the Itaú Unibanco website, by navigating to the Investor Services section and selecting 'Contact IR.'
Company Contact Details
For further communication, Itaú Unibanco’s Corporate Communication team can be contacted at (11) 5019-8880 or 8881. They are ready to assist with any questions regarding shareholders' interests and the upcoming payment details.
Frequently Asked Questions
What is the amount being paid as interest on capital?
The approved amount is R$0.310560 per share, subject to a 15% income tax withholding.
When will the payment be made to shareholders?
The payment will occur after April 30, 2025, based on the stockholding position as of December 9.
Are all shareholders treated equally regarding interest payments?
Yes, both common (ITUB3) and preferred (ITUB4) shareholders will receive the same amount as interest on capital.
How can I find more information about this announcement?
For additional information, visit the Itaú Unibanco Investor Relations page.
What should I do if I have more questions?
You can contact the Corporate Communication team at Itaú Unibanco using the provided phone numbers for further assistance.
