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Braskem S.A. filed its updated corporate bylaws, detailing its capital structure, governance framework, and…
BAKBraskem SA
Braskem S.A. filed its updated corporate bylaws, detailing its capital structure, governance framework, and operational objectives. The company's share capital is R$ 8,043,222,080.50, divided into 797,207,834 shares, with authorization to increase total shares to 1,152,937,970. The bylaws outline the roles of the General Meeting, Board of Directors, Executive Board, and Fiscal Board, while establishing specific authority limits for transactions, such as investments exceeding R$ 240,000,000.00 and asset disposals exceeding 1% of non-current assets. Braskem operates in the petrochemical industry, manufacturing and distributing chemical products, resins, and related derivatives.