Brookfield Corporation (NYSE: BN) has received TSX approval to renew its normal course issuer bid for preferred shares. The program will run from August 22, 2025 to August 21, 2026, allowing Brookfield to repurchase up to 10% of the public float of each series of its outstanding Class A Preference Shares listed on the TSX.
The company will purchase shares at market price through the TSX and alternative Canadian trading systems. All acquired shares will be cancelled. The program covers 21 different series of preferred shares, with individual purchase limits set for each series. Notably, Brookfield plans to implement an automatic share purchase plan around September 22, 2025, enabling purchases during blackout periods.
Under the current bid ending August 21, 2025, Brookfield has not made any preferred share purchases.
Brookfield Corporation (NYSE: BN) ha…
