Petroleo Brasileiro S.A. - Petrobras (PBR)

[lecorb]

PBR increased number of shares.Shares Outstanding5: 6.52B to 7.44B +14%(Dilution Shareholders and the EPS of Q3


September 24, 2014 -Techsonian
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) finished last trade at $15.92, losing -1.18%. Trading volume recorded for this company was about 32.18 million shares as compared to its average volume of 34.03 million shares. The share price plunged almost -7.44% in the last one month while its 52 week high is $20.94. The company has the total of 7.44 billion outstanding shares while its market capitalization is now about $109.69 billion.
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920 M shares in three months. This is the problema!

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