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Braskem S.A. Announces Key Leadership Changes in Extraordinary Meeting

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Braskem S.A. Announces Key Leadership Changes in Extraordinary Meeting

Braskem SA ( (BAK) ) has provided an update.

On February 3, 2025, Braskem S.A. held an Extraordinary General Meeting, conducted digitally, to address changes in its Board of Directors. The meeting, attended by a significant majority of shareholders, resulted in the election of Luiz Eduardo Valente Moreira, replacing Danilo Ferreira da Silva as an effective member, and the substitution of the Chairman of the Board, reflecting strategic realignments influenced by major shareholders Petrobras and Novonor. These changes are expected to impact the company’s governance and strategic direction as it approaches its fiscal year-end in December 2025.

More about Braskem SA

Braskem S.A. is a publicly held company based in Brazil, operating in the petrochemical industry. It is involved in producing thermoplastic resins and operates as one of the leading petrochemical companies in Latin America.

YTD Price Performance: 16.00%

Average Trading Volume: 1,018,698

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.84B

Learn more about BAK stock on TipRanks’ Stock Analysis page.

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