ITAÚ UNIBANCO - MATERIAL FACT - PAYMENT OF INTEREST ON CAPITAL

Rhea-AI Summary

Itaú Unibanco's Board of Directors has approved the payment of interest on capital (IOC) to stockholders amounting to R$0.310560 per share. After 15% income tax withholding, stockholders will receive a net interest of R$0.263976 per share, except for immune or exempt corporate stockholders. The payment will be made by April 30, 2025, based on stockholding positions as of December 9, 2024. Shares will trade ex-rights starting December 10, 2024. The IOC payment applies equally to both common (ITUB3) and preferred (ITUB4) shares.

Positive

• Payment of interest on capital (IOC) of R$0.310560 per share to stockholders
• Equal treatment for both common and preferred shareholders

Negative

• 15% tax withholding reduces net payment to R$0.263976 per share

SÃO PAULO, Nov. 28, 2024 /PRNewswire/ -- Payment of Interest on Capital

Itaú Unibanco Holding S.A. informs its stockholders that its Board of Directors has approved, at the meeting held on this date, the payment of interest on capital to stockholders ("IOC") in the amount of R$0.310560 per share, with income tax withholding at a rate of 15%, resulting in net interest of R$0.263976 per share, except for the corporate stockholders able to prove that they are immune or exempt from such withholding, which will be made until April 30, 2025. The calculation will be based on the final stockholding position recorded on December 9, 2024, with their shares traded "ex-rights" starting December 10, 2024.

For further information, please visit on www.itau.com.br/investor-relations as follows: Menu > Investor Services > Contact IR. 

Gustavo Lopes Rodrigues

Investor Relations Officer

Note: The amounts paid per share as interest on capital are the same for common (ITUB3) and preferred (ITUB4) shares.

Contact: Itaú Unibanco – Comunicação Corporativa, (11) 5019-8880 / 8881

View original content:https://www.prnewswire.com/news-releases/itau-unibanco---material-fact---payment-of-interest-on-capital-302318469.html

SOURCE Itaú Unibanco Holding S.A.

FAQ

What is the amount of interest on capital payment announced by ITUB?

Itaú Unibanco announced an interest on capital payment of R$0.310560 per share, with a net value of R$0.263976 after 15% tax withholding.

When is the ex-dividend date for ITUB's interest on capital payment?

The ex-rights date for Itaú Unibanco's interest on capital payment is December 10, 2024.

What is the payment date for ITUB's interest on capital announced in November 2024?

The payment will be made by April 30, 2025.

Is there a difference in IOC payment between ITUB3 and ITUB4 shares?

No, the interest on capital payment amount is the same for both common shares (ITUB3) and preferred shares (ITUB4).