Petrobras board OKs $3.4B in extraordinary dividends, $111B five-year strategic plan
Petrobras (NYSE:PBR) +3% in early trading Friday after announcing a payout of 20B reais (~$3.4B) in extraordinary dividends to shareholders, in a sign the Brazilian state-controlled oil company will continue returning cash to investors.
Petrobras proposes $111bn business plan for 2025–29, including $10bn in extra dividends
The plan includes ordinary dividends starting at $45bn (259.59 reais) and up to $10bn in extraordinary dividends.
OilPrice.com Brazil's Petrobras Plans Up to $55 Billion in Dividends by 2029
Petrobras, the Brazilian oil giant, plans significant investments and hefty dividends for shareholders through 2029.
Petrobras to Distribute R$ 20 Billion in Dividends
Petroleo Brasileiro SA- Petrobras (PBR) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks
Petrobras to Pay Up to $55 Billion in Dividends Through 2029
Petroleo Brasileiro SA plans to pay as much as $55 billion in dividends through 2029 as part of its five-year business plan in a pledge to continue returning cash to investors.
Petrobras approves $3.4 billion in extra dividends, $111 billion strategic plan
Petrobras has announced an extraordinary dividend payout of $3.4 billion to shareholders, resolving a dispute that arose earlier this year. The company also unveiled a revised $111 billion investment plan for 2025-2029,
Petrobras Announces Dividend Distribution to Shareholders
Petroleo Brasileiro SA- Petrobras (PBR) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks
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Petrobras to distribute up to $55bn in dividends by 2029
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Petrobras Shares Are On The Rise Today: What's Going On?
Petrobras shares rose 3% after announcing a $3.4 billion extraordinary dividend payout to shareholders. The payout includes cash from a capital reserve that was previously held for 2023 dividends.
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Petrobras sees ordinary dividends of $45-$55B from 2025 to 2029
Petrobras (PBR) laid out its 2025-2029 business plan, which includes paying out ordinary dividends totaling $45-$55B as a “base-case scenario.” The company also sees flexibility for extraordinary ...
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Petrobras to pursue alternative contract strategy for Sergipe-Alagoas FPSOs
Brazilian state-controlled oil company Petrobras plans to adopt separate contracting strategies for the two floating ...
Petrobras Q3 Earnings Beat Despite a Decline in Production
As of Sept. 30, 2024, PBR has recorded a net debt of $44,251 million. The company ends the quarter with cash and cash ...
Petrobras in talks for possible 'big' ethanol joint venture
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