Petrobras Comments on Upcoming General Meeting 

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(Energy Analytics Institute, 4.Apr.2024) — Rio de Janiero-based Petrobras, with regards to news published by the local Brazilian media about the payment of extraordinary dividends, said 4 Apr. 2024 in an official statement that there was no decision regarding the distribution of such amounts.

According to the so-called material fact of 7 Mar. 2024, Petrobras’ Board of Directors proposed to the annual general meeting that R$43.9bn — referring to the remaining profit for the year 2023 — be fully allocated to the capital remuneration reserve. 

The general shareholders’ meeting will take place on 25 Apr. and is responsible for approving the allocation of the profit, including the payment of dividends, the energy giant said in the statement.


By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.

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