Replies to post #1729 on Petroleo Brasileiro S.A. - Petrobras (PBR)

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dshade

Any thoughts on the following info from the 6K of May 6?

Strong cash generation, solid liquidity and the outlook for sustainable results allowed the Company to approve shareholder remuneration in the amount of R$ 3.72 per outstanding common and preferred share.

I assume that is in Brazilian currency which with a 1/5 reduction to turn it into US dollars gives $0.744 per share.

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