Braskem (BRKM3.SA) Stock Performance and Corporate Updates
Trading Snapshot (24‑hour period ending 11:41 PM Central Europe, Friday 23 Oct 2026)
- Closing price: BRL 4.16
- Change: –0.97 %
- Volume traded: BRL 184.9 k
- Market capitalization: BRL 3.3 bn
- Shares outstanding: 451.7 million
- Simple moving average (200 days): BRL 6.84
- 52‑week high: BRL 12 (03 Jun 2026)
- 52‑week low: BRL 3.05 (26 Aug 2026)
- Month‑end performance: +0.49 % since the previous month’s end
Corporate Developments (October 2026)
- Preferred Shareholding Reduction
- In a 6‑K filing dated 21 Oct, Braskem disclosed that its Class A preferred shareholding had been reduced to below 5 %.
- The reduction followed successive sales that lowered the stake to approximately 2 % of issued shares.
- Chapter 11 Petition for Subsidiary
- Braskem America Finance, an indirect subsidiary, was the subject of a Chapter 11 petition in the United States.
- The petition concerns only the subsidiary’s debt; the parent company is not affected.
- Debt Restructuring Talks
- Braskem announced it is in discussions with creditors to restructure its debt.
- The matter has attracted attention from Petrobras, a major shareholder.
- Regulatory Compliance
- The filings reaffirm Braskem’s commitment to transparency and compliance with regulatory requirements during its ongoing financial restructuring.
Comparative Stock Movements (Last 24 Hours)
| Stock | Symbol | Change | Current Price (BRL) | Market Cap (BRL bn) | P/E Ratio |
|---|---|---|---|---|---|
| Compass Gas E Energia | PASS3.SA | +0.82 % | 27.28 | 3.6 | 17.11 |
| Tegma Gestao Logistica | TGMA3.SA | +4.54 % | 51.81 | 3.4 | 13.27 |
| Mills Estruturas E Servicos | MILS3.SA | +0.62 % | 16.26 | 3.8 | 8.53 |
| Sendas Distribuidora | ASAI3.SA | +4.41 % | 13.8 | 3.5 | 19.3 |
| Cosan | CSAN3.SA | +3.13 % | 5.2 | 3.7 | – |
Note: The German stock exchange announced the final trading date for COSAN on 22 Oct 2026 as part of a routine update; no additional financial information was provided.
Company Profile
Braskem SA is headquartered in São Paulo, Brazil, and operates in the materials sector. It manufactures a broad range of chemicals, including ethylene, propylene, benzene, toluene, xylenes, butadiene, butene, isoprene, dicyclopentadiene, MTBE, caprolactam, ammonium sulfate, cyclohexene, polyethylene terephthalate, polyethylene, and polyvinyl chloride (PVC). Braskem also generates electricity and is listed on the New York Stock Exchange.
