Tangulizi
Ecopetrol's 2026 General Shareholders' Assembly at Corferias approved a $121 per share dividend distribution for minorities, as proposed by the Ministry of Hacienda. The event was marked by tensions over president Ricardo Roa's tenure amid ongoing judicial processes. The company reported $9 trillion in 2025 profits, the lowest since the pandemic.
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At the shareholders' assembly, Grupo Cibest's CEO Juan Carlos Mora defended the Banistmo sale as a strategy to optimize capital and focus on more profitable businesses. Shareholders approved $4.3 trillion in dividends, a 15% increase from last year.
Petrobras reported a net profit of R$32.7 billion in the third quarter of 2025, up 0.5% from the same period last year. The state-owned company announced R$12.1 billion in dividends, driven by production and export records. Year-to-date profit stands at R$94.5 billion.