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Petrobras Announces Shareholder Remuneration for 3Q24

Story Highlights
  • Petrobras will pay the first installment of shareholder remuneration on February 20, 2025.
  • The payment will be in the form of interest on capital, adjusted by the Selic rate.
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Petrobras Announces Shareholder Remuneration for 3Q24

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Petroleo Brasileiro SA- Petrobras ( (PBR) ) has shared an announcement.

Petrobras announced it will distribute the first installment of shareholder remuneration for the third quarter of 2024 on February 20, 2025. The payment, based on the shareholder position as of December 23, 2024, will be made in the form of interest on capital, with adjustments according to the Selic rate. The announcement is significant for stakeholders as it reflects Petrobras’s ongoing commitment to shareholder returns, potentially influencing investor confidence and the company’s market position.

More about Petroleo Brasileiro SA- Petrobras

Petrobras, formally known as Petroleo Brasileiro S.A., is a Brazilian multinational corporation primarily engaged in the oil and gas industry. The company focuses on the exploration, production, refining, and distribution of petroleum and natural gas products, serving both domestic and international markets.

YTD Price Performance: 3.55%

Average Trading Volume: 13,788,182

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $84.34B

For detailed information about PBR stock, go to TipRanks’ Stock Analysis page.

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