Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Braskem SA ( (BAK) ) has shared an announcement.
In January 2025, Braskem S.A. announced a significant increase in its financial provision related to a geological event in Alagoas, Brazil. The company will allocate approximately R$1.3 billion for backfilling salt cavities, a measure expected to commence in 2027 and unfold over several years or decades. This decision underscores Braskem’s commitment to safety and regulatory compliance, impacting its financial strategies and stakeholder relations.
More about Braskem SA
Braskem S.A. is a publicly held company operating in the petrochemical industry, primarily engaged in the production of thermoplastic resins and other petrochemical products. It serves markets across Brazil and internationally, with a focus on innovation and sustainable development.
YTD Price Performance: 19.00%
Average Trading Volume: 1,009,218
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.87B
See more insights into BAK stock on TipRanks’ Stock Analysis page.
