Brookfield Renewable has announced its intention to renew normal course issuer bids for LP Units, Preferred Units, Exchangeable Shares, and Preferred Shares listed on the Toronto Stock Exchange. The bids will allow flexibility to purchase units or shares if trading prices do not reflect their value. BEP is authorized to repurchase up to 15,296,104 LP Units, while BEPC can repurchase up to 7,244,255 Exchangeable Shares. Various series of Preferred Units and Shares are also included in the renewal. Repurchases are set to begin on December 18, 2025, and will end on December 17, 2026.

Under its prior bid, BEP repurchased 1,522,975 LP Units at an average price of CDN$31.9363. BEPC did not repurchase any Exchangeable Shares under its existing bid. The renewed bids aim to provide an attractive use of available funds and increase value for shareholders. Additionally, automatic share purchase plans will be implemented to allow for repurchases during specific trading periods. Brookfield Renewable operates a globally recognized renewable power and sustainable solutions platform, offering investors access through BEP or BEPC.

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