Petrobras, a major oil producer controlled by Brazil, paid out $4.3 billion in dividends to investors after a seven-week dispute. Shareholders approved a 50% payout of previously withheld dividends, totaling 22 billion reais. The company is also electing a new board.
Petrobras' Dividend Thesis Is Clouded by Policy Shifts $PBR $EQNR $BP $OXY $BAK #stocks #investing #valueinvesting #SouthAmerica #Oil #Dividend #ESG https://t.co/oferNoHfx7
TotalEnergies has emerged as one of the contenders for the assets of AES in Brazil, competing against China Three Gorges and Sao Paulo-based Auren Energia https://t.co/6lWYc4Ngf4
$PBR $PBR.A Petrobras shareholders approve payout of 50% of withheld dividends Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld in March, easing investor concerns about the destination of…
Petrobras shareholders approve payout of 50% of withheld dividends https://t.co/pUnPnWKi6P https://t.co/WvdCc8g3go
#Brazil: Petrobras shareholders approve payout of 50% of withheld dividends #oott https://t.co/sAG2HTDRIO
Petrobras Investors Come Out Ahead After Drama Over Dividends in #Brazil Company set to pay 22 billion reais in extraordinary dividends Brazil’s national oil company also set to elect a new board #oott https://t.co/xUUgSghsry
A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a $4.3 billion payout to investors https://t.co/MpKw54N8tG
Petrobras is a super interesting company. Controlled by Brazil but a massive oil producer that also has the world's top funds among investors Despite recent noise, I think this mixed model has worked well, both for Brazil & for investors betting on the country's vast oil wealth