tiprankstipranks
Petrobras Announces R$ 17.12 Billion Shareholder Remuneration
Company Announcements

Petrobras Announces R$ 17.12 Billion Shareholder Remuneration

Story Highlights

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TheFlySLB awarded services contract for Petrobras offshore fields in Brazil
TipRanks Auto-Generated NewsdeskPetrobras Chairman Nominated for Key Regulatory Role
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App