Brazil PetroReconcavo updates JCP per share value from May 7

PetroReconcavo (RECV3) updated the per-share value of its interest on capital (JCP) announced on May 7, the company said on Monday, 18. The value was adjusted from R$ 0.341252 to R$ 0.340750 per share.

According to the oil company, the change was due to a shift in the number of treasury shares resulting from share buyback operations and the settlement of shares related to long-term incentive plans. The total amount of JCP to be distributed remains unchanged and is subject to withholding income tax at source.

Shareholders who held shares in the company until the close of trading on Monday are entitled to this payment. Starting Tuesday, May 19, the shares will be traded “ex-dividend.” The payment is scheduled to take place on May 28, 2026.