Braskem is trading at BRL 4.80, down -5.33%, after its board authorized management on August 24, 2026, to pursue an out-of-court restructuring covering US$10.9 billion in financial debt.
- Shares entered repeated auctions after the open, and the announcement was explicitly linked to the decline in reporting.
- Investor concern remains elevated as creditor protection expires on August 24, 2026, according to Reuters reporting.