Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 177

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 177
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 sold an interest that exceeds (either upward or downward) the threshold of 5%, or any multiple thereof, of the total number of shares of any type or class, must be disclosed by such Brazilian public company, immediately after the acquisition or sale of shares, to the CVM and the B3.
 

Annual Report and Form 20-F 2024 |

                         Purchases                          
of equity securities by the issuer and affiliated purchasers
------------------------------------------------------------
  
A share repurchase program covering preferred shares was approved by the Board of Directors on August 3, 2023. The program was carried out in the context of the current Shareholder Remuneration Policy, which was amended and was approved by the Board of Directors on July 28, 2023, providing the possibility of repurchasing shares as a way to remunerate our shareholders.
 During the fiscal year ended December 31, 2024, we repurchased our equity securities. Our share repurchase program was completed in August 2024. The total amount repurchased by the company was 155,468,500 preferred shares, a volume equivalent to approximately 3.5% of the total preferred shares held by unaffiliated shareholders (free float shares). The cancellation of treasury shares was approved by our Board of Directors on January 29, 2025, without reducing the share capital.
 

  Period                   Total                              Average                                                        Total                                                                                         Maximum                                              
            number of preferred shares purchased   price paid per preferred share   number of preferred shares purchased as part of publicly announced plans or programs(1)   number (or approximate dollar value) of shares that could be purchased under the plans or programs
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
September                             28,735,700                             6.87                                                                                28,735,700                                                                                          129,081,247
2023                                                                                                                                                                                                                                                                            
October                               27,596,600                             7.03                                                                                27,596,600                                                                                          101,484,647
2023                                                                                                                                                                                                                                                                            
November                              17,479,900                             7.27                                                                                17,479,900                                                                                           84,004,747
2023                                                                                                                                                                                                                                                                            
December                              30,251,800                             7.16                                                                                30,251,800                                                                                           53,752,947
2023                                                                                                                                                                                                                                                                            
January                               15,171,400                             7.81                                                                                15,171,400                                                                                           38,581,547
2024