Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Petroleo Brasileiro SA- Petrobras ( (PBR) ) has issued an announcement.
Petrobras announced the distribution of shareholder remuneration amounting to R$ 17.12 billion, approved by its Board of Directors. Payments will be made in two installments in February and March 2025, with the amounts being adjusted according to the Selic rate. This strategic move reflects Petrobras’ commitment to its shareholders and may enhance investor confidence, potentially impacting its market positioning positively.
More about Petroleo Brasileiro SA- Petrobras
Petróleo Brasileiro S.A. – Petrobras is a major player in the petroleum industry, primarily focused on the exploration, production, refining, and distribution of oil and gas. As a Brazilian state-controlled corporation, it plays a significant role in the national and international energy markets.
YTD Price Performance: -0.39%
Average Trading Volume: 14,832,610
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $88.92B
See more data about PBR stock on TipRanks’ Stock Analysis page.
