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Braskem S.A. Announces Board Changes Ahead of Extraordinary General Meeting
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Braskem S.A. Announces Board Changes Ahead of Extraordinary General Meeting

Story Highlights
  • Braskem S.A. is a leading Brazilian petrochemical company producing thermoplastic resins.
  • Braskem proposes significant board changes, including new appointments, for strategic realignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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An announcement from Braskem SA ( (BAK) ) is now available.

Braskem S.A. has announced a proposal for its upcoming Extraordinary General Meeting, set for February 2025, which includes significant changes in its Board of Directors. Shareholder Petrobras has proposed the election of Mr. Luiz Eduardo Valente Moreira to replace Mr. Danilo Ferreira da Silva on the board. Additionally, the meeting will address the substitution of the Chairman of the Board, with Mr. Héctor Nuñez set to replace Mr. José Mauro Mettrau Carneiro da Cunha. These changes are part of Braskem’s strategic realignment and stakeholder management, potentially impacting the company’s governance structure and future decision-making processes.

More about Braskem SA

Braskem S.A. is a publicly held Brazilian company primarily operating in the petrochemical industry. It is involved in the production of thermoplastic resins and other petrochemical products, focusing on markets that require such chemical and plastic solutions.

YTD Price Performance: -6.75%

Average Trading Volume: 895,404

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.48B

See more data about BAK stock on TipRanks’ Stock Analysis page.

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