Brookfield Corporation Announces Renewal of Normal Course

From GlobeNewswire: 2025-05-23 07:00:00

Brookfield Corporation has been approved to renew its normal course issuer bid to purchase up to 143,027,158 Class A Limited Voting Shares, representing 10% of the public float of outstanding shares. The bid will run from May 27, 2025, to May 26, 2026, with purchases made on the open market through various trading systems. As of May 15, 2025, there were 1,647,846,059 Class A Shares issued and outstanding. Brookfield purchased 22,200,979 Class A Shares under the previous bid. The company believes the market price may not reflect its true value, making the shares an attractive investment.

Brookfield intends to enter into an automatic share purchase plan for the bid, allowing for the purchase of Class A Shares even during inactive market periods due to internal trading restrictions. The company’s core businesses include Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, and real estate. Brookfield Corporation aims to provide long-term wealth building for institutions and individuals worldwide, with a history of delivering annualized returns of 15% or more.

Forward-looking statements in the news release caution that actual results may differ from estimates due to various economic, market, and operational factors. Potential risks include lower returns, market fluctuations, changes in regulation, and geopolitical events. Brookfield Corporation will continue to monitor and adapt to these factors to ensure ongoing success and value for shareholders.



Read more at GlobeNewswire: Brookfield Corporation Announces Renewal of Normal Course