
The president of Petrobras, Magda Chambriard, stated that the recent devaluation of the state-owned company's shares is speculative and does not match the company's fundamentals, highlighting the solidity of the company's investments.
AI-generated summary
Petrobras has faced volatility in the stock market following recent political events. The current management seeks to reaffirm the financial strength of the state-owned company vis-à-vis investors.
The president of Petrobras, Magda Chambriard, stated this Monday (26) that the sharp drop in the state-owned company's shares after the reelection of president Luiz Inácio Lula da Silva was a "speculative movement" and does not reflect the company's fundamentals.
In an interview with Reuters, Chambriard said that Petrobras remains a solid company, with a strong investment portfolio, and that it will not be influenced by short-term market movements.
"The time is to buy (shares). Unfortunately I can't", commented Magda.

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