TIM (TIMB) Net Issuance of Preferred Stock : $0 Mil (TTM As of Sep. 2023)

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What is TIM Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

TIM's net issuance of preferred for the three months ended in Sep. 2023 was $0 Mil. The number is 0, which means that TIM has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

TIM's net issuance of preferred for the trailing twelve months (TTM) ended in Sep. 2023 was $0 Mil.

TIM Net Issuance of Preferred Stock Historical Data

The historical data trend for TIM's Net Issuance of Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TIM Net Issuance of Preferred Stock Chart

TIM Annual Data

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Net Issuance of Preferred Stock

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TIM Quarterly Data
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TIM Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

TIM Net Issuance of Preferred Stock Related Terms

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TIM (TIMB) Business Description

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.