Investor Releases

BASF SE (BASF) confirms exploratory talks with RAG-Stiftung and Evonik Industries AG (Evonik) regarding a potential takeover of Evonik. The course and outcome of these exploratory talks remain open at this stage.

BASF has mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan as Global Coordinators to lead the preparation of the planned initial public offering (IPO) of its Agricultural Solutions business. With this, BASF Agricultural Solutions is taking the next step on its path toward IPO readiness, targeted by mid-2027. As previously announced, BASF plans to list Agricultural Solutions as a Societas Europaea (SE) on the Frankfurt Stock Exchange.

BASF was able to increase earnings in nearly all segments in the second quarter of 2026. Stronger prices and higher volumes contributed to this rise. “We further strengthened BASF’s position in the market and achieved major progress with our restructuring as well as portfolio measures,” said BASF CEO Dr. Markus Kamieth when presenting the company’s half-year results, together with CFO Dr. Dirk Elvermann. On July 15, 2026, BASF had already pre-released preliminary figures for the second quarter of 2026 because EBITDA before special items of €2.4 billion significantly exceeded average analysts’ expectations. BASF raised its earnings outlook for the full year 2026.

The Board of Executive Directors of BASF SE has today, July 29, 2026, resolved on a share buyback program. The program, which has a volume of up to €1.0 billion, is scheduled to start in August 2026 and be concluded by the end of April 2027. It is part of the share buyback announced in September 2024, with a total volume of €4 billion until the end of 2028. BASF SE will cancel the repurchased shares and reduce the share capital accordingly.