Petroleo Brasileiro SA- Petrobras ( (PBR) ) has issued an update.
Petrobras announced that it will pay the second installment of shareholder remuneration on March 20, 2025, related to its third-quarter 2024 balance sheet. This payment will be made in the form of interest on capital and dividends, adjusted by the Selic rate, and will impact shareholders with positions as of December 23, 2024. The payment will be processed through Banco Bradesco for book-entry shares and JP Morgan Chase for ADR holders. This move reflects Petrobras’s ongoing commitment to shareholder returns and may influence investor confidence in the company’s financial health.
More about Petroleo Brasileiro SA- Petrobras
Petrobras, formally known as Petróleo Brasileiro S.A., is a Brazilian multinational corporation in the petroleum industry. The company is primarily engaged in the exploration, production, refining, and transportation of oil and gas, with a significant focus on the Brazilian market.
YTD Price Performance: -4.31%
Average Trading Volume: 14,777,181
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $78.17B
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