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High director support at Brookfield Business (NYSE: BBUC) meeting

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Brookfield Business Corporation reported voting results from its June 18, 2026 annual meeting, held in a virtual format. Shareholders representing 190,757,827 Class A Subordinate Voting Shares, or 92.38% of the 206,492,638 issued Class A shares, and all four Class B Multiple Voting Shares were present in person or by proxy.

Class A Shares carried 25% of aggregate voting power and Class B Shares 75%. All seven management-nominated directors were elected, each receiving between 98.65% and 99.98% of votes cast. Deloitte LLP was reappointed as external auditor, with 810,179,341 votes for and 56,400 votes withheld, equal to 99.99% support.

Positive

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Negative

  • None.
Class A participation 190,757,827 shares Class A shares represented at June 18, 2026 meeting; 92.38% of 206,492,638 issued
Class A shares outstanding 206,492,638 shares Issued and outstanding Class A Shares on record date for the meeting
Class B votes 619,477,914 votes Aggregate votes attached to Class B Multiple Voting Shares; 75% voting interest
Votes for Cyrus Madon 799,309,202 votes Director election; 98.81% for, 9,617,720 withheld (1.19%)
Votes for Paul Farrell 808,694,328 votes Director election; 99.97% for, 232,594 withheld (0.03%)
Auditor reappointment support 810,179,341 votes Votes for Deloitte LLP as external auditor; 99.99% for, 56,400 withheld
Class A Subordinate Voting Shares financial
"shareholders holding 190,757,827 Class A Subordinate Voting Shares (“Class A Shares”)"
Class A subordinate voting shares are a type of common stock that carries limited voting power compared with a superior share class; holders own the economic interest in the company but usually have less influence over major decisions than holders of higher-vote shares. For investors this matters because these shares can trade at different prices and offer the same upside and dividend rights but less control—like owning a seat on a bus instead of the driver’s seat.
Class B Multiple Voting Shares financial
"and four class B multiple voting shares (“Class B Shares”), representing 100% of the Corporation’s issued"
Class B multiple voting shares are a type of stock that gives each share more votes on corporate decisions—often many times more—than regular shares, allowing a small group of holders to control board elections and major company choices. For investors, these shares matter because they affect who makes strategic decisions and can limit the influence of outside shareholders, which can change the company’s direction, risk profile, and long-term value.
virtual meeting format regulatory
"was held on Thursday, June 18, 2026 at 9:00 a.m. in a virtual meeting format"
A virtual meeting format is a gathering held online using video conferencing, webinars, or audio-only conference tools instead of meeting in person. For investors it matters because these formats shape who can attend, how questions are asked and recorded, and how transparently information is shared—think of it as a public company town hall held over a video call, which can broaden participation but also change the dynamics of interaction and oversight.
Report of Voting Results regulatory
"Exhibit 99.1 | | Report of Voting Results"
alternative asset manager financial
"Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management."
An alternative asset manager is a professional or firm that invests on behalf of clients in assets outside of traditional options like stocks and bonds, such as real estate, private companies, or commodities. These managers seek to diversify investment portfolios and potentially improve returns by exploring less common investment opportunities that are often less liquid and more specialized. Their work matters to investors because it can help spread risk and access unique sources of growth not available through standard investments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Brookfield Business Corporation (BBUC) shareholders approve at the 2026 annual meeting?

Shareholders approved all seven director nominees and reappointed Deloitte LLP as external auditor. Each director received at least 98.65% support, and Deloitte received 810,179,341 votes for and 56,400 withheld, reflecting 99.99% approval from votes cast.

What was shareholder participation at Brookfield Business Corporation’s June 18, 2026 meeting?

Participation was high, with 190,757,827 Class A shares represented, equal to 92.38% of 206,492,638 issued Class A shares. All four issued Class B shares were also represented, meaning both classes had strong presence either in person or by proxy.

How is voting power split between Class A and Class B shares at BBUC?

Each Class A Subordinate Voting Share carries one vote, representing 25% of aggregate voting power. The Class B Multiple Voting Shares collectively hold 619,477,914 votes, representing the remaining 75% of aggregate voting interest, as specified in the corporation’s articles.

Which Brookfield Business Corporation director received the highest support in 2026?

Among the nominees, Patricia Zuccotti received one of the highest support levels, with 808,790,386 votes for and 136,536 votes withheld. That corresponds to 99.98% of votes cast in favor, reflecting near-unanimous backing from represented shareholders.

Who is the external auditor for Brookfield Business Corporation after the 2026 meeting?

Deloitte LLP was reappointed as external auditor to serve until the next annual meeting. The resolution authorizing directors to fix Deloitte’s remuneration received 810,179,341 votes for and 56,400 withheld, indicating 99.99% support from voting Class A and Class B shareholders.

What is Brookfield Business Corporation’s business focus as described in the filing?

Brookfield Business Corporation is described as a global owner and operator of vital industrial and business services operations. Its objective is to acquire market-leading businesses for value, improve operations to grow cash flows, and recycle capital to compound long-term growth.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

Commission File Number: 000-56830

 

 

 

BROOKFIELD BUSINESS CORPORATION

(Translation of registrant's name into English)

 

 

 

Brookfield Place

225 Liberty Street, 8th Floor

New York, NY, 10281-1048

 

(Address of principal executive office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x                                Form 40-F ¨

 

 

 

 

 

 

EXHIBIT LIST

 

Exhibit Title
99.1   Report of Voting Results
99.2   Press Release dated June 18, 2026

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    BROOKFIELD BUSINESS CORPORATION
     
  By: /s/ A.J. Silber
Date: June 18, 2026 Name: A.J. Silber
    Title: Managing Director, General Counsel and Corporate Secretary

 

 

 

Exhibit 99.1

 

Brookfield BUSINESS CORPORATION

 

REPORT OF VOTING RESULTS

 

Annual Meeting of Shareholders
June 18, 2026

 

National Instrument 51-102 – Section 11.3 (Canada)

 

The annual general meeting of shareholders of Brookfield Business Corporation (the “Corporation”) was held on Thursday, June 18, 2026 at 9:00 a.m. in a virtual meeting format (the “Meeting”). At the Meeting, shareholders holding 190,757,827 Class A Subordinate Voting Shares (“Class A Shares”), representing 92.38% of the Corporation’s 206,492,638 issued and outstanding Class A Shares on the record date for the Meeting, and four class B multiple voting shares (“Class B Shares”), representing 100% of the Corporation’s issued and outstanding Class B Shares on the record date for the Meeting, were represented in person or by proxy.

 

In accordance with the Corporation’s articles, each Class A Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 619,477,914 votes in the aggregate, representing a 75% voting interest in the Corporation.

 

The following is a summary of the votes cast by holders of the Class A Shares and Class B Shares represented at the Meeting, voting together as a single class.

 

Election of Directors

 

All of the seven nominees proposed by management for election to the board of directors of the Corporation were nominated and elected at the Meeting by acclamation. As indicated below, each director elected at the Meeting also received a majority of the proxy votes cast for and withheld from voting for the individual director:

 

Director Nominee  Votes For  %  Votes Withheld  %
Cyrus Madon  799,309,202  98.81%  9,617,720  1.19%
Jeffrey Blidner  798,044,218  98.65%  10,882,704  1.35%
David Court  806,262,464  99.67%  2,664,458  0.33%
Stephen Girsky  799,558,183  98.84%  9,368,739  1.16%
Paul Farrell  808,694,328  99.97%  232,594  0.03%
Lori Pearson  798,845,607  98.75%  10,081,315  1.25%
Patricia Zuccotti  808,790,386  99.98%  136,536  0.02%

 

 

 

 

Appointment of Auditors

 

The resolution to reappoint Deloitte LLP, as the external auditor of the Corporation to hold office until the next annual general meeting of shareholders and to authorize the directors to fix the remuneration to be paid to the external auditor was approved by the majority of both the holders of Class A Shares and Class B Shares, voting together as a single class:

 

  Votes For  %  Votes Withheld  %
  810,179,341  99.99%  56,400  0.01%

 

Other Business

 

There were no other matters coming before the Meeting that required a vote by either the holders of Class A Shares or Class B Shares.

 

Dated: June 18, 2026

 

  BROOKFIELD BUSINESS CORPORATION
   
  By: /s/ A.J. Silber
    Name: A.J. Silber
    Title: Managing Director and General Counsel

 

 

Exhibit 99.2

 

Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders

 

Brookfield, News, June 18, 2026 – Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all seven nominees proposed for election to the board of directors of the Corporation by holders of Class A Subordinate Voting Shares (“Class A Shares”) and holders of Class B Multiple Voting Shares (“Class B Shares”) were elected at the Corporation’s annual general meeting of shareholders held on June 18, 2026 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below.

 

In accordance with the Corporation’s articles, each Class A Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 619,477,914 votes in the aggregate, representing a 75% voting interest in the Corporation.

 

The following is a summary of the votes cast by holders of Class A Shares and Class B Shares, voting together as a single class, in regard to the election of the seven directors:

 

Director Nominee  Votes For  %  Votes Withheld  %
Cyrus Madon  799,309,202  98.81  9,617,720  1.19
Jeffrey Blidner  798,044,218  98.65  10,882,704  1.35
David Court  806,262,464  99.67  2,664,458  0.33
Stephen Girsky  799,558,183  98.84  9,368,739  1.16
Paul Farrell  808,694,328  99.97  232,594  0.03
Lori Pearson  798,845,607  98.75  10,081,315  1.25
Patricia Zuccotti  808,790,386  99.98  136,536  0.02

 

A summary of all votes cast by holders of the Class A Shares and Class B Shares represented at the Corporation’s annual meeting of shareholders is available on SEDAR+ at www.sedarplus.ca.

 

Brookfield Business Corporation (NYSE, TSX: BBUC) is a global owner and operator of vital industrial and business services operations. Our objective is to acquire market-leading businesses for value, execute our operational improvement plans to increase cash flows, and recycle capital to compound long-term growth. For more information, please visit https://bbuc.brookfield.com.

 

Brookfield Business Corporation is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

 

For more information, please contact:

 

Media: Investors:
Marie Fuller Alan Fleming
Tel: +44 207 408 8375 Tel: +1 (416) 645-2736
Email: marie.fuller@brookfield.com Email: alan.fleming@brookfield.com

 

 

Filing Exhibits & Attachments

2 documents