Business · Companies · 2 hrs ago
Petrobras approves R$15.3 billion in shareholder payments
Petrobras approved R$15.3 billion in shareholder payments as an advance on the company’s 2026 remuneration.
The Brazilian oil company said the amount equals about R$1.19 for each ordinary or preferred share.
Investors must hold shares on the B3 exchange on December 21, 2026, to qualify; from December 22, the shares will trade without the payment rights.
The money will be paid in two installments on February 22 and March 22, 2027, and each installment will be adjusted for changes in Brazil’s Selic interest rate.
The distribution follows Petrobras’s policy of paying shareholders 45% of free cash flow when its gross debt is at or below a limit set in its strategic plan.
Petrobras will decide by December 10 how the payment is classified, and the amounts will be subject to income tax and deducted from remuneration to be approved at the company’s 2027 annual meeting.
Petrobras approved R$ 15.3 billion in shareholder payments as an advance on remuneration for 2026.
The payment equals R$ 1.18732774 for each outstanding ordinary and preferred share.
Shareholders with Petrobras shares on the B3 on December 21, 2026, are eligible.
The amount will be paid in two equal installments on February 22 and March 22, 2027, with adjustments based on the Selic rate.
Petrobras will decide by December 10 whether the payments will be dividends, interest on equity, or a combination.
- Who
- Petrobras and its shareholders.
- What
- Petrobras approved R$ 15.3 billion in shareholder payments as an advance on remuneration for 2026.
- When
- Approved on November 10, 2026. The payments are scheduled for February 22 and March 22, 2027.
- Where
- Petrobras shares traded on the B3; holders of its ADRs on the New York Stock Exchange also have a stated record date.
- Why
- The payment is an advance on remuneration for 2026 and follows the company’s current remuneration policy.
This story does not have two clearly opposing sides.
Petrobras’s board approved R$ 15.3 billion in shareholder payments.
Petrobras is due to decide whether the payments will be dividends, interest on equity, or a combination.
Shareholders must hold Petrobras shares on the B3 by this date to qualify.
The first installment is scheduled to be paid.
The second installment is scheduled to be paid.
- Total approved
- R$ 15.3 billion
- Payment per share
- R$ 1.18732774
- B3 eligibility date
- December 21, 2026
- Installment dates
- February 22 and March 22, 2027
- Installment per share
- R$ 0.59366387