Social capital is divided into 7,442,231,382 ordinary actions and 5,446,501,379 preferred
It announced it on the night of Wednesday (29.jan.2025) the cancellation of 155,468,500 preferred shares held in treasury, without reduction of capital. This is the full fact sent to (Securities Commission) – (PDF – 80 KB).
The measure, approved by the Board of Directors, also includes the cancellation of another 72,909 preferred shares and 222,760 common shares acquired before the company’s last action repurchase program.
Thus, the state capital of the state is now divided into 7,442,231,382 common shares (PETR3) and 5,446,501,379 preferred shares (PETR4). Both operated on the rise in the (São Paulo Stock Exchange).
The publication says that a general meeting will be called to “Reflect the new amount of common and preferred shares into which Petrobras’ capital is divided.”
Motives and impacts
Cancellation of shares maintained in treasury is a practice adopted to optimize capital structure and improve the distribution of returns to shareholders. The reduction in the total number of actions in circulation tends to benefit investors, as it can increase the LPA (profit per action), valuing the company’s roles.
The measure can be interpreted by the market as a positive sign, indicating that the company seeks to improve its financial efficiency and add value to its shareholders.
However, the effective impact will depend on how investors will evaluate Petrobras’s strategy in the face of sectoral challenges, variations in oil prices and possible changes in dividend distribution policy.
The company can keep up to 10% of its actions. However, these roles do not confer the right to vote in assemblies or to receive dividends.
Fuel Readjustments
Petrobras to the President (PT) on Monday (27.jan.2025) that diesel will increase. The average value per liter is $ 6.15.
According to the latest data from the (Brazilian Association of Fuel Importers), the price of diesel marketed by the state is 15% below the PPI (international parity price), international reference of the sector. The difference in the internal value of the liter to that used in foreign trade is $ 0.53.
Gasoline has an average gap of 6%, with a difference of R $ 0.19 in the price of the liter sold by the state compared to the PPI. Read the ABICOM report (PDF – 746 KB).
Although Petrobras has not priced since July 2024, the consumer will see higher prices on the bombs from February 1, since the ICMS tax rate (Tax on Circulation of Goods and Services) will be readjusted.
