Brookfield Corporation Announces Results of Conversion of its Series 32 Preferred Shares
22 Septiembre 2023 - 3:05PM
Brookfield Corporation Announces Results of Conversion of its
Series 32 Preferred Shares
Brookfield Corporation (NYSE: BN, TSX: BN) today announced that
after having taken into account all election notices received by
the deadline for the conversion of its Cumulative Class A
Preference Shares, Series 32 (the “Series 32 Shares”) (TSX:
BN.PF.A) into Cumulative Class A Preference Shares, Series 33 (the
“Series 33 Shares”), there were 177,688 Series 32 Shares tendered
for conversion, which is less than the one million shares required
to give effect to conversion into Series 33 Shares. Accordingly,
there will be no conversion of Series 32 Shares into Series 33
Shares and holders of Series 32 Shares will retain their Series 32
Shares.
About Brookfield
Corporation
Brookfield Corporation (NYSE: BN, TSX: BN) is
focused on compounding capital over the long term to earn
attractive total returns for our shareholders. Today, our capital
is deployed across three businesses – Asset Management, Insurance
Solutions and our Operating Businesses, generating substantial and
growing free cash flows, all of which is underpinned by a
conservatively capitalized balance sheet.
For more information, please contact: |
|
|
Communications & Media |
Investor Relations |
Kerrie McHugh Hayes |
Linda Northwood |
Tel: (212) 618-3469 |
Tel: (416) 359-8647 |
Email: kerrie.mchugh@brookfield.com |
Email: linda.northwood@brookfield.com |
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