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Petroleo Brasileiro SA Petrobras | 6-K: Petrobras Clarifies Media Reports

SEC announcement ·  Mar 12 04:19
Summary by Futu AI
On March 8, 2024, Petroleo Brasileiro SA Petrobras (Petrobras) addressed false media reports published by O Globo, denying claims that CEO Jean Paul Prates provided explanations to minority shareholders regarding his voting at a recent board meeting. The company also refuted allegations of an 'agreement with investors' for extraordinary dividends and the CEO's offer to resign. Petrobras confirmed the Board of Directors' authorization to propose R$14.2 billion in dividends at the Annual General Meeting, with the remaining R$43.9 billion profit to be allocated to the capital remuneration reserve. The company highlighted its second-highest net profit in history for 2023, a US$ 1.2 billion reduction in financial debt, a new competitive commercial strategy, and a focus on people. Petrobras reiterated its commitment to financial sustainability and timely market communication.
On March 8, 2024, Petroleo Brasileiro SA Petrobras (Petrobras) addressed false media reports published by O Globo, denying claims that CEO Jean Paul Prates provided explanations to minority shareholders regarding his voting at a recent board meeting. The company also refuted allegations of an 'agreement with investors' for extraordinary dividends and the CEO's offer to resign. Petrobras confirmed the Board of Directors' authorization to propose R$14.2 billion in dividends at the Annual General Meeting, with the remaining R$43.9 billion profit to be allocated to the capital remuneration reserve. The company highlighted its second-highest net profit in history for 2023, a US$ 1.2 billion reduction in financial debt, a new competitive commercial strategy, and a focus on people. Petrobras reiterated its commitment to financial sustainability and timely market communication.
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