August 9, 2019
Petróleo Brasileiro SA – Petrobras announces that its General Shareholders’ Meeting approved today the delisting of its common and preferred shares from Bolsas y Mercados Argentinos (BYMA) and the withdrawal from public trading in Argentina.
The withdrawal from public trading still depends on the approval of the Argentine capital markets regulator.
This delisting is in line with Petrobras’ strategic direction, which provides for cost reduction and business concentration in its main markets.
Petrobras will keep the market informed of the next steps of the delisting process.