The Petrobras Board of Directors approved this Thursday (21) the payment of R$20 billion in extraordinary dividends to shareholders. The value is equivalent to R$1.55174293 per common and preferred share in circulation. There will be R$15.6 billion as interim dividends, based on the capital remuneration reserve, and R$4.4 billion as interim dividends.
The state-owned company informs that the distribution is in line with the current Shareholder Remuneration Policy, which provides for the distribution of extraordinary remuneration, as long as Petrobras’ financial sustainability is preserved.
For those who have shares issued by Petrobras traded on B3, payment of the single installment will be made on December 23, 2024. Holders of ADRs (American Depositary Receipt – certificate, issued by North American banks, which represents shares of a company outside the United States) will receive payment starting January 3, 2025.
The cutoff date, according to Petrobras, is December 11, 2024 for holders of shares issued by Petrobras traded on B3; and December 13, 2024 for holders of ADRs traded on the New York Stock Exchange (NYSE). Petrobras shares will be traded ex-rights on B3 from December 12, 2024.
It was also informed that the payment will be included in the shareholder remuneration proposal for the 2024 financial year to be approved at the 2025 Ordinary General Meeting, and will have the value readjusted by the Selic rate from the date of payment until the end of the current fiscal year, to purposes of calculating the amount to be deducted.