Summary by Moomoo AI
Petroleo Brasileiro SA Petrobras, commonly known as Petrobras, announced on May 13, 2024, that its Board of Directors has approved the payment of interim dividends and interest on own capital totaling R$ 13.45 billion. This payment, amounting to R$ 1.04161205 per outstanding common and preferred share, is an advance on the shareholder remuneration for the fiscal year 2024, based on the balance sheet of March 31, 2024. The distribution aligns with the company's Shareholder Remuneration Policy, which allows for a distribution of 45% of free cash flow to shareholders if gross debt is at or below US$65 billion. The dividends and interest on own capital will be paid in two installments on August 20 and September 20, 2024. The record date for shareholders on B3 is June 11, 2024, and for ADR holders on the NYSE is June 13, 2024. The payments will be adjusted by the Selic rate from the payment date until the end of the fiscal year for the purposes of calculating the deduction at the 2025 Annual General Meeting.