Braskem SA ( (BAK) ) has shared an update.
On March 27, 2025, Braskem S.A. responded to a request from B3 regarding atypical fluctuations in its share prices observed between March 13 and March 26, 2025. The company clarified that the fluctuations were not due to any undisclosed material facts. The fluctuations coincided with media reports about the potential sale of Braskem shares by its shareholders, Novonor and Petrobras. Novonor stated that no binding developments had occurred in its discussions about its stake in Braskem, while Petrobras confirmed conducting due diligence but had not made any decisions regarding its stake.
More about Braskem SA
Braskem S.A. is a leading company in the petrochemical industry, primarily involved in the production of thermoplastic resins. The company operates with a focus on the Brazilian market, where it is a significant player in the petrochemical sector.
YTD Price Performance: 2.00%
Average Trading Volume: 869,578
Technical Sentiment Signal: Buy
Current Market Cap: $1.62B
For an in-depth examination of BAK stock, go to TipRanks’ Stock Analysis page.