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Petrobras’ additional dividend proposal will have to be approved in a meeting, CEO says

The proposal to distribute 50% of the extraordinary dividends for the 2023 financial year will have to be approved by next Thursday’s shareholders meeting, the company’s executive chairman, Jean Paul Prates, said in an interview with journalists.

According to him this is the proposal on the table and the only one with studies and opinions.

Petrobras published on Friday evening that the company’s board of directors found satisfactory clarifications from the company’s financial management that the distribution of special dividends of up to 50% of 2023 net profit would not compromise the sustainability of the company.

Source: Terra

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