Braskem Shareholders Approve 2025 Accounts and Confirm New Board Leadership

Tip Ranks
2026.04.30 14:07
portai
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Braskem SA shareholders approved the company's financial statements for 2025 and confirmed new board leadership during the Ordinary General Meeting on April 29, 2026. Over 80% of share capital supported the approval, indicating strong investor confidence. Magda Maria de Regina Chambriard was confirmed as chair, and Héctor Núñez as vice-chair. Despite this, analysts rate BAK stock as a Sell due to weak financial performance and high leverage, with a price target of $1.50. Braskem operates in the petrochemical sector, focusing on producing raw materials for various industries.