(Energy Analytics Institute, 10.Dec.2024) — Petrobras‘ Board of Directors approved the distribution of remuneration to shareholders in the amount of R$17.12bn, equivalent to R$1.32820661 per common and preferred share in circulation, Petrobras said 10 Dec. 2024 in an official statement.
According to the decision of the Executive Board on 6 Dec. 2024, the remuneration will be paid as follows:
(i) the first installment for R$0.66410331 per common and preferred share in circulation, will be paid on 20 Feb. 2025, entirely in the form of interest on equity (JCP).
(ii) the second installment for R$0.66410330 per common and preferred share in circulation, will be paid on 20 Mar. 2025, of which R$0.01053822 in the form of JCP and R$0.65356508 in the form of dividends.
Petrobras said the values of each installment will be updated by the variation of the Selic rate from 31 Dec. 2024, until the date of each payment.
Further, income tax will apply on the amount paid in the form of JCP, according to current legislation.
Finally, these payments will be included in the proposal for remuneration to shareholders to be approved at the 2025 Annual General Meeting for the 2024 fiscal year, Petrobras said.
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