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5 results for “debt reduction

Petrobras CFO Solidifies Shift, Prioritizing $109 Billion Investment Over Extraordinary Dividends
PROInvestingSep 21

Petrobras CFO Solidifies Shift, Prioritizing $109 Billion Investment Over Extraordinary Dividends

Brazil's state-controlled oil giant is directing excess cash towards long-term growth and debt reduction, signaling a new capital allocation era.

Petrobras Vetoes Extraordinary Dividend Despite Record Profit, Signaling New Capital Allocation
PROInvestingAug 17

Petrobras Vetoes Extraordinary Dividend Despite Record Profit, Signaling New Capital Allocation

Brazil's state-controlled oil giant Petrobras will prioritize investment and debt reduction over a large cash payout to shareholders, including the federal government.

MRV Embraces Impairment for Deleveraging as Q2 Earnings Near; Resia Sale Masks Brazil Turnaround
PROSmall CapsAug 09

MRV Embraces Impairment for Deleveraging as Q2 Earnings Near; Resia Sale Masks Brazil Turnaround

Brazilian homebuilder MRV&Co. is poised to report a net loss for Q2 due to a non-cash US$61 million impairment, a strategic move to cut R$1.5 billion in net debt and focus on its profitable domestic operations.

Sigma Lithium Surges 6.12% on Continued Momentum from Operational Beats, Financing Wins
PRONASDAQAug 05

Sigma Lithium Surges 6.12% on Continued Momentum from Operational Beats, Financing Wins

SGML shares climb on successful Phase 2 financing, production beat, and debt reduction, following a series of de-risking announcements.

Viveo Capital Increase: R$ 870 Million Plan to Cut Leverage
MarketsJun 28

Viveo Capital Increase: R$ 870 Million Plan to Cut Leverage

Brazilian healthcare distributor Viveo (VVEO3) launches a capital increase of up to R$ 869.76 million to reduce debt and optimize its capital structure.