Brookfield Corporation announced that it will not proceed with the conversion of its Cumulative Class A Preference Shares, Series 42 into Series 43 Shares. The decision comes after receiving fewer than the required one million election notices for conversion, with only 10,420 Series 42 Shares tendered. As a result, holders of the Series 42 Shares will continue to retain their current shares.
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. Brookfield Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9483046-en) on June 23, 2025, and is solely responsible for the information contained therein.