BlackRock, Inc. Reports 7.1% Stake in Petrobras (PBR) with 388.9 Million Shares

BlackRock, Inc. has filed a Schedule 13G/A with the SEC, reporting a significant stake in Petrobras (Petróleo Brasileiro S.A.). As of the event date on March 31, 2026, BlackRock disclosed beneficial ownership of 388,913,025 shares of Petrobras Preferred Stock. This position represents a 7.1% ownership stake in the Brazilian energy giant. The filing indicates that BlackRock holds sole voting power over 380,249,370 shares and sole dispositive power over the full 388,913,025 shares. The shares were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. This amendment (No. 5) reflects an increase in holdings compared to previous reports where ownership was effectively zeroed out in earlier data cycles. The filing includes various subsidiaries under the BlackRock, Inc. umbrella, managed through its reporting business units. No single person's interest in the common stock exceeds five percent of the total outstanding shares beyond the reporting entity's aggregate position.