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Petrobras board not to discuss extra dividends at Friday meeting, sources say
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Petrobras board not to discuss extra dividends at Friday meeting, sources say
Apr 17, 2024 2:54 PM

RIO DE JANEIRO, April 17 (Reuters) - The board of

directors of Brazilian state-run oil company Petrobras

is scheduled to meet on Friday, but a much awaited

discussion on extra dividends will not be on the agenda, four

sources familiar with the matter told Reuters.

Market participants have been eagerly awaiting a decision on

whether the oil giant will pay out the extraordinary dividends

relative to its 2023 results or not, but the final word will

likely come next week when shareholders gather for a general

assembly, the sources said.

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