Petrobras hikes number of shares available for sale

摘要

Rio de Janeiro-Brazil's state-led oil company Petrobras has increased the amount of stock available to government and non-government investors at a planned September 30 sale, expanding an offer already expected to be history's largest-ever stock sale. The company's board agreed to double the number of shares available in the socalled “additional lot” to 434.8 million common voting shares and 317.2 million nonvoting preferred shares, Petrobras said in a statement on the web site of Brazil's securities regulator.