A Petrobras is evaluating changes related to the payment of extraordinary dividends, within the scope of its strategic plan for the period 2025-2029, said this Monday (14) the executive director of Finance and Investor Relations, Fernando Melgarejo.
The change could result in a change in the current minimum reference cash currently considered by the oil company, which is currently US$8 billion.
The rules for the payment of ordinary dividends, in turn, will be maintained, as both the company and shareholders understand that they are appropriate, according to the director.
READ MORE: Petrobras should reduce investments planned for 2025
“Regarding the extraordinary (dividend)… it is being evaluated in conjunction with strategic planning,” stated Melgarejo.
He highlighted that the strategic plan considers several financial parameters that will be a reference for how extraordinary dividends will be paid.
“We would like to work and we will look for this, a minimum cash flow that guarantees the operation of Petrobras… What we understand is excess cash and has a volume that keeps the company sustainable, we will distribute this excess as a dividend extraordinary,” said the executive.
