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Braskem SA ( (BAK) ) has shared an announcement.
On January 30, 2025, Braskem S.A.’s Board of Directors held an extraordinary meeting where they approved new delegation limits for financial operations, including loans and derivatives, for the fiscal year 2025. These decisions aim to streamline financial processes and enhance operational efficiency by allowing the executive board to conduct significant transactions without requiring specific board approval, providing strategic flexibility to Braskem’s financial management.
More about Braskem SA
Braskem S.A. is a prominent player in the petrochemical industry headquartered in Brazil, specializing in the production of thermoplastic resins. The company operates with a strong focus on both domestic and international markets.
YTD Price Performance: 13.50%
Average Trading Volume: 1,039,202
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.82B
See more insights into BAK stock on TipRanks’ Stock Analysis page.