Petrobras shareholders approve pay out of 50% of withheld dividends-March 2024-www.financetom.com

Petrobras shareholders approve pay out of 50% of withheld dividends

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Petrobras shareholders approve pay out of 50% of withheld dividends

Apr 25, 2024 10:33 AM

RIO DE JANEIRO, April 25 (Reuters) - Shareholders of

Petrobras have voted on Thursday for the Brazilian

state-run oil firm to pay out 50% of the extraordinary dividends

it withheld in March.

The firm is set to dole out about 22 billion reais ($4.26

billion) relative to its 2023 results, while the remaining 50%

will be kept in a fund for future disbursement to shareholders.

($1 = 5.1666 reais)

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