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BASF SE (BFFAF)

OTC Markets OTCQX - OTC Markets OTCQX Delayed price. Currency in USD
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51.550.00 (0.00%)
At close: 04:00PM EDT
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  • Bloomberg

    BASF Slashes Dividend, Weighs Unit Listing as Slump Deepens

    (Bloomberg) -- BASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.Most Read from BloombergVanderbilt Leases Struggling NYC Seminary for Campus ExpansionNJ Transit, Amtrak Trains Delayed After Derailment Near NYCWhere Cargo Bikes Are Freeing Cities From Polluting VansExclusive Palo Alto Girls School Borrows $106 MillionWaiting for the Miracle of Church-to-H

  • Reuters

    BASF slashes dividend for next 4 years amid structural overhaul

    (Reuters) -German chemicals giant BASF on Thursday slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it grapples with weak demand in Europe and eyes splitting off several businesses. Its proposed annual dividend of at least 2.25 euros ($2.51) is down from the 3.40 euros, or 3 billion euros ($3.35 billion) in total, paid this year in line with the previous two years. The company previously had a dividend policy to maintain or improve its payout every year.

  • Bloomberg

    BASF Set to Announce Agri Chemicals Listing Plan in Overhaul

    (Bloomberg) -- BASF SE’s new leader is gearing up to announce a series of overhaul measures later this month, including plans for the future of its agricultural chemicals and coatings businesses, people with knowledge of the matter said. Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughPipe Fire Near Houston Forces Residents to EvacuateTo Build a Happier City, Design for DensityLondon Mayor Plans to Pedestrianize Busy Oxford StreetNew York City’s Transi