Petrobras sets R$9.03B 2026 shareholder payout
Petróleo Brasileiro S.A. – Petrobras will pay shareholder remuneration totaling R$ 9.03 billion, equal to R$ 0.70097272 per outstanding common and preferred share, as an advance on 2026 fiscal year remuneration based on the March 31, 2026 balance sheet.
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Rhea-AI Filing Summary
Petróleo Brasileiro S.A. – Petrobras will pay shareholder remuneration totaling R$ 9.03 billion, equal to R$ 0.70097272 per outstanding common and preferred share, as an advance on 2026 fiscal year remuneration based on the March 31, 2026 balance sheet.
The amount will be paid in two equal installments of R$ 0.35048636 per share as interest on equity on August 20, 2026 and September 21, 2026. The distribution follows Petrobras’ Shareholder Remuneration Policy, which targets distributing 45% of free cash flow when gross debt is at or below the maximum level in the strategic plan.
For shares on B3, the record date is June 1, 2026, with ex-rights trading from June 2. For ADRs on the NYSE, the record date is June 3, 2026, with payments starting August 27 and September 28, 2026. These advance payments will be deducted from the final 2026 remuneration, adjusted by the Selic rate.
Insights
Petrobras announces a large 2026 advance distribution aligned with its cash flow policy.
Petrobras approved shareholder remuneration of R$ 9.03 billion, or R$ 0.70097272 per share, as an advance related to the 2026 fiscal year. The payment is fully structured as interest on equity, a Brazilian mechanism with specific tax treatment.
The company links this distribution to its Shareholder Remuneration Policy, which calls for paying 45% of free cash flow when gross debt is at or below the maximum level in its strategic plan. The text characterizes the distribution as consistent with financial sustainability, suggesting it fits within existing leverage and cash generation parameters.
The cash will be split into two equal installments on August 20, 2026 and September 21, 2026, with separate record dates for B3 and NYSE ADR investors. These amounts will later be offset against the final 2026 remuneration approved at the 2027 Annual General Meeting, with each installment adjusted by the Selic rate.
Key Figures
Key Terms
CVM Resolution No. 44/21 regulatory
free cash flow financial
interest on equity financial
Selic rate financial
FAQ
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How and when will Petrobras (PBR) pay the approved remuneration?
What are the key dates for Petrobras (PBR) ADR holders on the NYSE?
Will this Petrobras (PBR) payment affect the final 2026 remuneration?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private
Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of May, 2026
Commission File Number 1-15106
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
(Exact name of registrant as specified in its charter)
Brazilian Petroleum Corporation – PETROBRAS
(Translation of Registrant's name into English)
Avenida Henrique Valadares, 28 – 9th floor
20231-030 – Rio de Janeiro, RJ
Federative Republic of Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Petrobras informs about shareholder remuneration — Rio de Janeiro, May 11, 2026 – Petróleo Brasileiro S.A. – Petrobras, pursuant to CVM Resolution No. 44/21, informs that its Board of Directors, in a meeting held today, approved the payment of shareholder remuneration in the amount of R$ 9.03 billion, equivalent to R$ 0.70097272 per outstanding common and preferred share, as an anticipation of the remuneration to shareholders related to the fiscal year 2026, declared based on the balance sheet as of March 31, 2026. The proposed distribution is aligned with the company’s Shareholder Remuneration Policy (Policy), which establishes that, in the event of gross debt equal to or less than the maximum debt level defined in the current strategic plan, observing other Policy conditions, Petrobras shall distribute to its shareholders 45% of the free cash flow. This distribution is consistent with the company's financial sustainability. Record date: For holders of shares issued by Petrobras traded on B3, the record date will be June 1, 2026. Petrobras shares will be traded ex-rights as of June 2, 2026. Form of Payment: The remuneration will be paid in two installments in August and September 2026, as follows: Amount to be Paid: R$ 0.70097272 per outstanding common and preferred share, whereas: i) the first installment, amounting to R$ 0.35048636 per outstanding common and preferred share, will be paid on August 20, 2026, entirely in the form of interest on equity. ii) the second installment, amounting to R$ 0.35048636 per outstanding common and preferred share, will be paid on September 21, 2026, entirely in the form of interest on equity. It is important to note that this amount will be deducted from the shareholder remuneration to be approved at the 2027 Annual General Meeting regarding the 2026 fiscal year. For the calculation of the deduction, the amount of each installment will be adjusted by the Selic rate from each payment date until the end of the current fiscal year. ADR holders: For holders of ADRs traded on the New York Stock Exchange (NYSE), the record date will be June 3, 2026 and the payments of the first and second installments will be made, respectively, as of August 27 and September 28, 2026. The Shareholder Remuneration Policy is available on the company's website. (http://www.petrobras.com.br/ri).www.petrobras.com.br/ri Para mais informações: PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Relações com Investidores E-mail: petroinvest@petrobras.com.br/acionistas@petrobras.com.br Av. Henrique Valadares 28 – 9º andar – 20031-030 – Rio de Janeiro, RJ Tel.: 55 (21) 3224-1510/9947 Este documento pode conter previsões segundo o significado da Seção 27A da Lei de Valores Mobiliários de 1933, conforme alterada (Lei de Valores Mobiliários) e Seção 21E da lei de Negociação de Valores Mobiliários de 1934 conforme alterada (Lei de Negociação) que refletem apenas expectativas dos administradores da Companhia. Os termos: “antecipa”, “acredita”, “espera”, “prevê”, “pretende”, “planeja”, “projeta”, “objetiva”, “deverá”, bem como outros termos similares, visam a identificar tais previsões, as quais, evidentemente, envolvem riscos ou incertezas, previstos ou não, pela Companhia. Portanto, os resultados futuros das operações da Companhia podem diferir das atuais expectativas, e, o leitor não deve se basear exclusivamente nas informações aqui contidas.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 11, 2026
PETRÓLEO BRASILEIRO S.A–PETROBRAS
By: /s/ Fernando Sabbi Melgarejo
______________________________
Fernando Sabbi Melgarejo
Chief Financial Officer and Investor Relations Officer