Brookfield Corporation Announces Results of Conversion of its Series 42 Preferred Shares
Brookfield Corporation (NYSE: BN) announced the results of its Series 42 Preferred Shares conversion offering. Only 10,420 Series 42 Shares were tendered for conversion into Series 43 Shares, falling significantly below the minimum requirement of one million shares needed to effect the conversion.
As a result of insufficient conversion interest, the conversion will not proceed, and current holders of Series 42 Shares will retain their existing shares.
Brookfield Corporation (NYSE: BN) ha annunciato i risultati dell'offerta di conversione delle sue Azioni Preferenziali Serie 42. Sono state presentate in conversione solo 10.420 azioni Serie 42, un numero ben al di sotto del requisito minimo di un milione di azioni necessario per procedere alla conversione.
Di conseguenza, a causa dell'interesse insufficiente per la conversione, questa non avrà luogo e gli attuali detentori delle Azioni Serie 42 manterranno le loro azioni esistenti.
Brookfield Corporation (NYSE: BN) anunció los resultados de su oferta de conversión de Acciones Preferentes Serie 42. Solo se ofrecieron para conversión 10,420 Acciones Serie 42, muy por debajo del requisito mínimo de un millón de acciones necesario para efectuar la conversión.
Como resultado del interés insuficiente en la conversión, esta no se llevará a cabo y los actuales titulares de las Acciones Serie 42 conservarán sus acciones actuales.
브룩필드 코퍼레이션 (NYSE: BN)이 시리즈 42 우선주 전환 공모 결과를 발표했습니다. 전환 신청된 시리즈 42 주식은 10,420주에 불과해, 전환을 실행하기 위한 최소 요구 수량인 100만 주에 크게 미치지 못했습니다.
전환에 대한 관심 부족으로 인해 전환은 진행되지 않으며, 현재 시리즈 42 주식 보유자들은 기존 주식을 유지하게 됩니다.
Brookfield Corporation (NYSE : BN) a annoncé les résultats de son offre de conversion des actions privilégiées Série 42. Seules 10 420 actions Série 42 ont été proposées pour conversion en actions Série 43, bien en dessous du seuil minimum d’un million d’actions requis pour effectuer la conversion.
En raison d’un intérêt insuffisant pour la conversion, celle-ci ne sera pas effectuée et les détenteurs actuels des actions Série 42 conserveront leurs actions existantes.
Brookfield Corporation (NYSE: BN) gab die Ergebnisse ihres Umtauschangebots für die Vorzugsaktien der Serie 42 bekannt. Es wurden nur 10.420 Aktien der Serie 42 zur Umwandlung in Serie-43-Aktien eingereicht, was deutlich unter der Mindestanforderung von einer Million Aktien liegt, die für die Durchführung der Umwandlung erforderlich ist.
Aufgrund des unzureichenden Umwandlungsinteresses wird die Umwandlung nicht durchgeführt, und die aktuellen Inhaber der Serie-42-Aktien behalten ihre bestehenden Aktien.
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BROOKFIELD, NEWS, June 23, 2025 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (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 42 (the “Series 42 Shares”) (TSX: BN.PF.G) into Cumulative Class A Preference Shares, Series 43 (the “Series 43 Shares”), there were 10,420 Series 42 Shares tendered for conversion, which is less than the one million shares required to give effect to conversion into Series 43 Shares. Accordingly, there will be no conversion of Series 42 Shares into Series 43 Shares and holders of Series 42 Shares will retain their Series 42 Shares.
About Brookfield Corporation
Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have three core businesses: Alternative Asset Management, Wealth Solutions, and our Operating Businesses which are in renewable power, infrastructure, business and industrial services, and real estate.
We have a track record of delivering
For more information, please visit our website at www.bn.brookfield.com or contact:
| Media: | Investor Relations: |
| Kerrie McHugh | Katie Battaglia |
| Tel: (212) 618-3469 | Tel: (416) 359-8544 |
| Email: kerrie.mchugh@brookfield.com | Email: katie.battaglia@brookfield.com |
FAQ
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