Brookfield to Redeem Series 44 Preferred Shares with Proceeds from C$250 Million Series 54 Issue
Brookfield Corporation has completed a C$250 million offering of its Class A Preference Shares, Series 54. The company intends to use the net proceeds from this offering to redeem all outstanding Cumulative Class A Preference Shares, Series 44, for cash at C$25.00 per share on December 31, 2025. Holders of the Series 44 shares of record as of December 15, 2025, will also receive a previously declared quarterly dividend of C$0.3125 per share, payable on the redemption date. The newly issued Series 54 preferred shares will pay a cumulative quarterly fixed dividend yielding 5.65% annually until December 31, 2030, after which the rate will be reset every five years.
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: GNW9592794-en) on November 26, 2025, and is solely responsible for the information contained therein.
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