Petroleo Brasileiro SA- Petrobras (PBR) has released an update.
Petrobras has announced plans to distribute interim dividends totaling R$ 17.12 billion, equivalent to R$ 1.32820661 per common and preferred share, as a part of its 2024 shareholder remuneration policy. This move aligns with the company’s strategy to allocate 45% of its free cash flow to shareholders, ensuring financial sustainability. Shareholders can expect payments in February and March 2025, with the exact form of distribution to be confirmed in December 2024.
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