How much did Petrobras approve for shareholder payments?

Petrobras approved a payment of 8.1 billion Brazilian reais for interest on equity to shareholders.

When will Petrobras shareholders receive their payments?

The shareholder payments will be distributed in two parts, one in May and the other in June.

What is the approximate payment per share from Petrobras?

Shareholders will receive approximately 0.63 Brazilian real per share.

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Petrobras Approves $1.54B Payout to Shareholders

6 Mar

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Summary

Petrobras board approved an 8.1 billion reais payment.
Shareholders will receive approximately 0.63 real per share.
The distribution will be made in two installments in May and June.

Petrobras Approves $1.54B Payout to Shareholders

The board of directors at Brazilian state-run oil company Petrobras has given the green light for a substantial payout of interest on equity to shareholders. This approved distribution amounts to 8.1 billion Brazilian reais, which is approximately $1.54 billion.

Shareholders can anticipate receiving about 0.63 real for each share they hold. Petrobras has announced that this significant payment will be divided into two separate installments. The first distribution is scheduled for May, with the second payment to follow in June, ensuring a phased return of capital to investors.

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