Petrobras Form 6-K Summary: Shareholder Remuneration Update
Business Context and Reporting Period
This Form 6-K, filed on December 11, 2025, by Petróleo Brasileiro S.A. – Petrobras, provides an update regarding the distribution of shareholder remuneration for the third quarter of 2025 (3Q25). The filing details the payment schedule and composition of a total distribution approved by the Board of Directors on November 6, 2025.
Key Financial Metrics
The filing focuses exclusively on shareholder remuneration and does not report comprehensive financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the period.
- Total Remuneration Approved: R$ 12.16 billion.
- Per Share Amount: R$ 0.94320755 per common and preferred share.
- Payment Structure: Split into two installments with specific allocations between interest on equity and dividends.
Material Changes and Payment Schedule
The Executive Board decision on December 10, 2025, established the following payment schedule for the approved remuneration:
- First Installment:
- Amount: R$ 0.47160378 per share.
- Payment Date: February 20, 2026.
- Composition: 100% Interest on Equity.
- Second Installment:
- Amount: R$ 0.47160377 per share.
- Payment Date: March 20, 2026.
- Composition: R$ 0.17518233 as Interest on Equity and R$ 0.29642144 as Dividends.
Adjustments and Taxation: Installment values will be updated based on the variation of the Selic rate from December 31, 2025, until the respective payment dates. Income tax will be applied to amounts paid as interest on equity per current legislation.
Guidance, Outlook, and Risks
The filing states that these payments will be included in the proposal for shareholder remuneration to be approved at the 2026 Annual General Meeting for the 2025 fiscal year. The document includes a standard disclaimer regarding forward-looking statements, noting that future results may differ from current expectations due to risks and uncertainties.
Investor Verification Checklist
- Verify the final per-share amounts after the application of Selic rate adjustments between December 31, 2025, and the payment dates.
- Confirm the withholding tax implications for the "Interest on Equity" portion of the distribution.
- Monitor the 2026 Annual General Meeting for formal approval of the 2025 fiscal year remuneration proposal.
- Review the full Material Fact from November 6, 2025, for context on the initial approval.