Frequently Asked Questions
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See frequently asked questions and answers about our operations and the capital market.
Shares
What are Petrobras’ ticker symbols?
On B3 S.A. – Brasil, Bolsa, Balcão, Petrobras shares are traded under the tickers PETR3 (common shares – ON) and PETR4 (preferred shares – PN).
On international markets, the receipts representing Petrobras common and preferred shares are traded, respectively, under the following tickers: PBR and PBRA in the United States; and XPBR and XPBRA in Spain.
Shareholder Remuneration
Where can I find information on dividends and interest on equity declared, paid, and payable by Petrobras?
You can find this information in the Dividends and Interest on Equity section of this website.
How can I receive dividends and interest on equity?
Earnings (dividends and/or interest on equity), once declared by the company and made available to shareholders, will be paid to those shareholders who hold shares on the record date established for the respective distribution, provided their registration details are up to date with the custodian institution.
All payments of earnings related to Petrobras shares are made through Bradesco bank, the financial institution acting as registrar of Petrobras shares.
For shareholders whose shares are held directly at Bradesco bank (book-entry custody), dividends and interest on equity will be credited directly into the bank account registered in the shareholder’s records. If you have not received your earnings, your registration details may be outdated. To update them, please visit any Bradesco bank branch with your identification documents, proof of residence, and bank details.
Shareholders who invest through a brokerage firm (central depository custody at CBLC/B3) will also receive their earnings in the bank account registered with that institution. In this case, Bradesco will transfer the payment to B3, which will then pass it on to the beneficial shareholders through the respective brokerage firms.
Holders of American Depositary Receipts (ADRs) will receive their earnings through JP Morgan Chase Bank, the depositary bank for Petrobras ADRs, at a later date than shareholders in Brazil, due to the procedures involved in foreign exchange transactions. Further information can be obtained at www.adr.com.
Unclaimed earnings expire within three (3) years from the date they are made available to shareholders (Law No. 6,404/76, Article 287, item II(a)).
To check the dates and amounts of earnings made available to Petrobras shareholders, please visit: https://www.investidorpetrobras.com.br/en/shares-dividends-and-debts/dividends/
American Depositary Receipt (ADR)
What is an ADR?
An American Depositary Receipt (ADR) is a certificate issued by U.S. banks that represents shares of a non-U.S. company. Many Brazilian companies have their shares traded on the New York Stock Exchange (NYSE) through this instrument. This provides the company with greater visibility in international markets and may facilitate access to funding abroad, either through loans or the issuance of new shares.
Petrobras ADRs are traded on the New York Stock Exchange (NYSE) under the tickers PBR (common shares) and PBRA (preferred shares).
For more information about ADRs, please visit the JPMorgan Chase Bank webpage, the depositary bank for Petrobras securities in the United States.
What is Petrobras’ ADR ratio?
The ADR ratio is the number of shares represented by a single ADR. In the case of Petrobras ADRs (both common and preferred), the ratio is 1:2 (each ADR represents two shares).
As a Brazilian investor, can I invest in ADRs?
Only investors who hold an account with a brokerage firm abroad (either individuals or legal entities) may buy and sell ADRs. Opening such an account by a Brazilian citizen is lawful, provided it is properly declared and complies with applicable domestic tax regulations. Funds may only be transferred abroad through financial institutions authorized to operate in foreign exchange, and if the amount exceeds USD 10,000, the Central Bank of Brazil must be notified.
We recommend verifying the procedures and legal and tax implications of such investments with the foreign financial institution to be engaged by the investor.
Who is the depositary bank for Petrobras ADRs?
The depositary for Petrobras’ ADR program on the NYSE is JPMorgan Chase Bank. As depositary, JPMorgan Chase Bank is responsible for issuing the ADRs, maintaining the ownership records, registering transactions, and distributing earnings in U.S. dollars to ADR holders.
Further information about Petrobras’ ADR program can be obtained directly from the depositary bank at www.adr.com.
Other Topics
What are Petrobras Bearer Bond certificates (“Obrigações ao Portador”)?
These were fixed-income securities issued by Petrobras in the 1950s, which paid semiannual interest and lost their value for holders who did not exercise their right to redeem them or convert them into shares in the following decade. Therefore, they are not shares, but rather fixed-income securities with a maturity defined in their terms and conditions, as indicated on the back of the certificates. The rights represented by these securities have expired, and they no longer hold any financial value.
Petrobras Bearer Bonds (“Obrigações ao Portador”) were valid on the dates specified; however, they no longer have any trading value, nor can they currently be redeemed or converted into shares, as they have lapsed due to the statute of limitations.
Bearer Bonds issued by Petrobras were established under Article 15 of Law No. 2,004/53, dated October 3, 1953, and resulted from a compulsory annual contribution imposed on vehicle owners between 1954 and 1957. These securities could have been redeemed or converted into preferred shares issued by Petrobras within the period established by the Company, provided that bondholders met the requirements set forth in the Brazilian Corporation Law and Article 18 of Law No. 2,004/53.
To facilitate conversion, Petrobras carried out public share subscription offerings to increase its share capital between 1957 and 1963. Assistance to investors interested in redeeming the bonds or converting them into Petrobras shares was provided nationwide through an extensive network of banking institutions, following public announcements in the press.
Accordingly, bondholders who did not take action within the prescribed timeframe may no longer claim redemption or request conversion, as they failed to exercise their rights within the legal deadline and under the conditions stated on the certificates, resulting in the expiration of such securities.
How can I learn more about Petrobras’ future investments?
Petrobras reviews and discloses its Business Plan annually, including forecast investments for the next five-year period. During the plan preparation process, the Board of Directors takes part in discussions with the technical areas and the Executive Board, and the company’s future investments are outlined based on its strategic positioning. Throughout this analysis and planning process, numerous projects are evaluated by the Company’s technical teams and management, which may include the acquisition of assets or equity interests in other companies.
You can find the planned investments for the next five years and the presentation of the most recently disclosed plan at: https://petrobras.com.br/en/quem-somos/estrategia and in Presentations.
What is Petrobras’ governance structure like?
As a publicly traded company, we comply with the rules of the Brazilian Securities and Exchange Commission (CVM) and B3 in Brazil. Abroad, we comply with the rules of the U.S Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE) in the United States, and of Latibex of Bolsas y Mercados Españoles in Spain. We follow governance procedures that are compatible with the rules of the markets in which we operate in order to ensure the adoption of international standards of transparency.
Petrobras’ corporate governance structure is composed of the General Shareholders’ Meeting, Fiscal Council, Board of Directors and its committees, Audits, the General Ombudsman’s Office, the Executive Board, and its committees.
More information can be found in the Governance section of this website.
Where can I find more information about Petrobras’ sustainability efforts?
We assume different strategic objectives to operate our businesses with integrity and in sustainable manner with safety, seeking decreasing emissions, promoting diversity and social development, and contributing to a fair energy transition.
Further information is available in the Environment and Social sections of this website or at: https://petrobras.com.br/en/sustentabilidade.
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