• BASF outlined its “Winning Ways” strategy at Morgan Stanley’s Industrial CEOs Unplugged 2026 in London.
• Shareholder distributions targeted at at least €12 billion for 2025-2028, including dividends of at least €2.25 per share annually.
• Financial targets for 2028 adjusted for the coatings deal; EBITDA before special items set at €10 billion-€12 billion.
• Cumulative free cash flow target set at more than €12 billion for 2025-2028, supported by lower capex, savings, working-capital actions.
• Coatings transaction with Carlyle closed; pre-tax cash proceeds about €5.8 billion, disposal gain €3.5 billion, BASF retains a 40% stake in Surventis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BASF SE published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.