StockWatch
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Oil & Gas Production
DividendAug 7, 2026, 06:08 AM

Petrobras Approves R$17.4B Shareholder Remuneration

AI Summary

Petrobras' Board of Directors approved a shareholder remuneration of R$17.4 billion, equivalent to R$1.34814262 per outstanding common and preferred share. This payment, an anticipation for fiscal year 2026, will be distributed in two installments in November and December 2026, comprising both interest on equity and dividends. The distribution aligns with the company's Shareholder Remuneration Policy, which dictates a 45% free cash flow distribution under specific debt conditions.

Key Highlights

  • Board approved R$17.4 billion in shareholder remuneration.
  • Equivalent to R$1.34814262 per outstanding common and preferred share.
  • First installment of R$0.67407131 per share to be paid on November 23, 2026, as interest on equity.
  • Second installment of R$0.67407131 per share to be paid on December 21, 2026 (dividends and interest on equity).
  • Record date for B3 shares is August 21, 2026; ex-rights on August 24, 2026.
  • Record date for ADR holders is August 25, 2026; payments on December 1 and December 29, 2026.
  • Distribution aligns with policy to distribute 45% of free cash flow when gross debt is within limits.