Petrobras says that payment of dividends is foreseen in the Strategic Plan

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Petrobras clarified this Sunday night (27) in a notice to the market that the payment of extraordinary dividends is provided for in the Shareholder Remuneration Policy, approved by the board of directors in 2019 and improved in 2020 and 2021.

The company’s positioning is a response to recent news published in the media about the payment of dividends.

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Petrobras also assured that “it does not contract debt to pay dividends” and that “its debt is on a downward trajectory”, with a reduction of US$ 5.3 billion compared to the third quarter of 2021.

As of September 30, 2022, the company’s gross debt was US$54.3 billion, including commitments related to commercial leases, below the optimal gross debt level of US$60 billion and the limit established in the US$ 65 billion, he pointed out.

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The state-owned company also ratifies that the gross debt, the cash level and the dividends are in line with what was foreseen in Petrobras’ Strategic Plan for 2022-2026.

“It is self-financing and all planned investments are being carried out”, points out Petrobras, adding that “there is no damming of projects due to budget constraints and all commitments are being fulfilled”.

Finally, Petrobras reiterates its commitment to the practice of competitive prices and in balance with the market, while avoiding the immediate pass-through of external and exchange rate volatilities caused by conjunctural events.

In early November, in an official letter to the president of Petrobras and directors of the state-owned company, the Single Federation of Petroleum Workers (FUP) requested the suspension of the announcement of the Strategic Plan.

According to Deyvid Bacelar, a member of the transition government’s Mines and Energy Working Group, the transition team will also request the cancellation of the distribution of R$ 43.7 billion in dividends to shareholders, referring to the third quarter of this year. year.

Source: CNN Brasil

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