STOCK TITAN

Brookfield Corporation (NYSE: BN) wins support for structure simplification

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Brookfield Corporation reported that shareholders approved a transaction to simplify its corporate structure at the July 16, 2026 annual and special meeting. The special resolution received 1,334,634,374 Class A votes for, representing 79.35% of Class A votes cast, and 100% support from Class B shares. Upon completion, subject to customary conditions and receipt of applicable regulatory approvals, Brookfield Corporation Ltd., to be listed on the TSX and NYSE under the symbol BN, will become the new parent entity.

The virtual meeting had strong participation, with 1,748,254,002 Class A shares represented, equal to 76.57% of the 2,283,160,708 issued and outstanding Class A shares on the record date, plus all 85,120 Class B shares. All 16 director nominees were elected, Deloitte LLP was reappointed as external auditor, an advisory resolution on executive compensation passed with 95.18% support, and shareholders approved new share option and escrowed stock plans for Brookfield Corporation Ltd. and Brookfield Canada Corporation.

Positive

  • None.

Negative

  • None.
Class A shares represented 1,748,254,002 Class A Shares Represented at the July 16, 2026 annual and special meeting, equaling 76.57% of issued and outstanding Class A Shares
Class A shares outstanding 2,283,160,708 Class A Shares Issued and outstanding Class A Shares on the record date for the July 16, 2026 meeting
Class B shares represented 85,120 Class B Shares Class B Shares represented at the meeting, equaling 100% of issued and outstanding Class B Shares
Transaction approval – Class A 1,334,634,374 votes for (79.35%) Class A votes for the special resolution approving the corporate simplification transaction
Transaction opposition – Class A 347,403,274 votes against (20.65%) Class A votes against the corporate simplification transaction
Say-on-pay support 1,600,945,023 votes for (95.18%) Class A votes for the advisory resolution on the Corporation’s Approach to Executive Compensation
Auditor reappointment support 1,601,439,592 votes for (91.60%) Class A votes for reappointment of Deloitte LLP as external auditor
Class A Limited Voting Shares financial
"Class A Limited Voting Shares ("Class A Shares"), representing 76.57%"
Class B Limited Voting Shares financial
"one shareholder holding 85,120 Class B Limited Voting Shares"
A Class B limited voting share is a category of common stock that gives the holder economic rights (like dividends and ownership stake) but only restricted or fewer voting rights compared with other share classes. Think of it like owning a slice of a business but having a smaller voice in big decisions—useful for separating economic exposure from control. For investors, this affects how much influence they have over board elections and corporate policy, and can influence liquidity and valuation.
escrowed stock plan financial
"The resolution approving the escrowed stock plan for New BN"
share option plan financial
"The resolution approving the management share option plan for New BN"
National Instrument 51-102 regulatory
"National Instrument 51-102 – Section 11.3 (Canada)"
National Instrument 51-102 is a Canadian securities rule that requires public companies to regularly publish clear, standardized information about their finances and significant developments, such as quarterly and annual reports, management discussion and analysis, and notices of material changes. For investors it acts like a rule forcing businesses to keep their financial “windows” clear and up to date, making it easier to compare companies, spot risks, and make informed decisions.
advisory resolution financial
"The resolution passing an advisory resolution on the Corporation’s Approach"
An advisory resolution is a non-binding vote by shareholders that expresses their opinion on a specific corporate matter, such as executive pay or a governance policy. It matters to investors because, like a public survey, it signals shareholder sentiment to the board and management; even though it does not force action, a strong vote for or against can prompt changes, affect company reputation, and influence future decisions that impact shareholder value.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What transaction did Brookfield Corporation (BN) shareholders approve at the July 16, 2026 meeting?

Shareholders approved a transaction to simplify Brookfield’s corporate structure. After completion, Brookfield Corporation Ltd. will become the new parent entity, listed on the TSX and NYSE under BN, subject to customary conditions and required regulatory approvals.

How did Brookfield (BN) shareholders vote on the structure simplification resolution?

Class A shareholders cast 1,334,634,374 votes for (79.35%) and 347,403,274 votes against (20.65%) the transaction. The holder of Class B shares voted all 85,120 shares for the resolution, representing 100% support from that class.

How many Brookfield (BN) shares were represented at the 2026 annual and special meeting?

The meeting represented 1,748,254,002 Class A shares, equal to 76.57% of the 2,283,160,708 issued and outstanding Class A shares on the record date, plus 85,120 Class B shares, representing 100% of issued and outstanding Class B shares.

Were directors and the auditor approved at Brookfield (BN)’s July 16, 2026 meeting?

All 16 director nominees proposed by management were elected, each receiving a majority of proxy votes cast. Deloitte LLP was reappointed as external auditor with 91.60% of Class A votes for and 100% support from Class B shares.

How did Brookfield (BN) shareholders vote on executive compensation and new equity plans?

Class A shareholders approved the advisory executive pay resolution with 1,600,945,023 votes for (95.18%) and 81,092,626 against (4.82%). They also approved New BN and New BNC share option and escrowed stock plans, with support ranging from 75.55% to 94.61% of Class A votes.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-15160

 

 

 

BROOKFIELD CORPORATION

(Name of Registrant)

 

 

 

Brookfield Place
Suite 100
181 Bay Street, P.O. Box 762
Toronto, Ontario, Canada M5J 2T3
(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 ¨   Form 40-F x

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Exhibit Index 

 

Exhibit   Description of Index
99.1   Press Release dated July 16, 2026
99.2   Report on Voting Results

 

 

 

 

SIGNATURE

 

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 CORPORATION
   
Date: July 16, 2026 By: /s/ Swati Mandava
   

Name: Swati Mandava

Title: Managing Director, Legal & Regulatory and Corporate Secretary

 

 

 

 

Exhibit 99.1

 

 

Brookfield Announces Shareholder Approval of Transaction to Simplify Corporate Structure and Results of 2026 Annual and Special Meeting

 

BROOKFIELD, NEWS, July 16, 2026 – Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that the transaction to simplify its corporate structure (the “Transaction”) received shareholder approval at its annual and special meeting of shareholders held on July 16, 2026 (the “Meeting”). Upon completion of the Transaction, Brookfield Corporation Ltd., which will be listed on the TSX and NYSE under the symbol “BN”, will be the new parent entity of the group. Completion of the Transaction is subject to customary conditions and is expected to close by year-end, subject to receipt of all applicable regulatory approvals.

 

In addition, Brookfield announced that all eight nominees proposed for election to the board of directors by holders of Class A Limited Voting Shares (“Class A Shares”) and all eight nominees proposed for election to the board of directors by the holder of Class B Limited Voting Shares (“Class B Shares”) were elected at the Meeting. Detailed results of the vote for the election of directors are set out below.

 

Management received the following proxies from holders of Class A Shares in regard to the election of the eight directors nominated by this shareholder class:

 

Director Nominee  Votes For   %   Votes Withheld   % 
M. Elyse Allan  1,670,838,791   99.33   11,198,848   0.67 
Ang Eng Seng  1,680,919,871   99.93   1,117,768   0.07 
Janice Fukakusa  1,654,108,195   98.34   27,929,444   1.66 
Maureen Kempston Darkes  1,642,627,741   97.66   39,409,898   2.34 
Frank J. McKenna  1,528,459,767   90.87   153,577,872   9.13 
Hutham S. Olayan  1,666,734,576   99.09   15,303,063   0.91 
Satish C. Rai  1,675,269,587   99.60   6,768,052   0.40 
Diana L. Taylor  1,594,363,482   94.79   87,674,157   5.21 

 

Management received a proxy from the holder of Class B Shares to vote all 85,120 Class B Shares for each of the eight directors nominated by this shareholder class:

 

Director Nominee  Votes For % 
Howard S. Marks  100.0 
Rafael Miranda  100.0 
Lord O'Donnell  100.0 
Jeffrey M. Blidner  100.0 
Jack L. Cockwell  100.0 
Bruce Flatt  100.0 
Brian D. Lawson  100.0 
Samuel J.B. Pollock  100.0 

  

A summary of all votes cast by holders of the Class A Shares and Class B Shares represented at the Meeting is available on EDGAR at www.sec.gov/edgar or SEDAR+ at www.sedarplus.ca.

 

1 | Brookfield Corporation

 

 

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: Asset Management, Wealth Solutions, and our Operating Businesses which are in infrastructure, energy, private equity, and real estate.

 

We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our unrivaled investment and operational experience. Our conservatively managed balance sheet, extensive operational experience, and global sourcing networks allow us to consistently access unique opportunities. At the center of our success is the Brookfield Ecosystem, which is based on the fundamental principle that each group within Brookfield benefits from being part of the broader organization. Brookfield Corporation is publicly traded in New York and Toronto (NYSE: BN, TSX: BN).

 

For more information, please visit our website at bn.brookfield.com or contact:

 

Communications & Media:

Kerrie McHugh

Tel: (212) 618-3469

Email: kerrie.mchugh@brookfield.com

Investor Relations:

Katie Battaglia

Tel: (416) 359-8544

Email: katie.battaglia@brookfield.com

 

2 | Brookfield Corporation

 

 

Forward-Looking Statements

 

This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and reflect management’s current estimates, beliefs and assumptions, which are based on management’s perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements are typically identified by words such as “expect,” “anticipate,” “believe,” “foresee,” “could,” “estimate,” “intend,” “plan,” “will,” “may” and similar expressions. In particular, the forward-looking statements in this news release include statements regarding the expected closing of the Transaction and receipt of related regulatory approvals.

 

These forward-looking statements are based on reasonable estimates, beliefs and assumptions, but are subject to significant business, economic, competitive and other risks and uncertainties, described from time to time in Brookfield’s filings with securities regulators in Canada and the United States, that could cause actual results to differ materially from those contemplated or implied by such statements. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this news release. Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements.

 

3 | Brookfield Corporation

 

Exhibit 99.2

 

Brookfield Corporation

 

REPORT ON VOTING RESULTS

 

Annual and Special Meeting of Shareholders

July 16, 2026

 

 

National Instrument 51-102 – Section 11.3 (Canada)

 

 

The Annual and Special Meeting of Shareholders of Brookfield Corporation (the “Corporation”) was held on Thursday, July 16, 2026, at 10:30 a.m. in a virtual meeting format via live audio webcast. At this meeting, there were 360 shareholders represented in person or by proxy holding 1,748,254,002 Class A Limited Voting Shares (“Class A Shares”), representing 76.57% of the Corporation’s 2,283,160,708 issued and outstanding Class A Shares on the record date for this meeting, and one shareholder holding 85,120 Class B Limited Voting Shares (“Class B Shares”), representing 100% of the Corporation’s 85,120 issued and outstanding Class B Shares.

 

The following is a summary of the votes cast by holders of the Class A Shares and Class B Shares represented at this meeting.

 

Election of Directors

 

All of the 16 nominees proposed by management for election to the Board of Directors of the Corporation were nominated and elected at this meeting by acclamation. As indicated below, each director elected at this meeting also received a majority of the proxy votes cast for and withheld from voting for the individual director.

 

Management received the following proxies from holders of Class A Shares in regard to the election of the eight directors nominated for election by this class of shareholders:

 

Director Nominee  Votes For   %   Votes Withheld   % 
M. Elyse Allan   1,670,838,791    99.33    11,198,848    0.67 
Ang Eng Seng   1,680,919,871    99.93    1,117,768    0.07 
Janice Fukakusa   1,654,108,195    98.34    27,929,444    1.66 
Maureen Kempston Darkes   1,642,627,741    97.66    39,409,898    2.34 
Frank J. McKenna   1,528,459,767    90.87    153,577,872    9.13 
Hutham S. Olayan   1,666,734,576    99.09    15,303,063    0.91 
Satish C. Rai   1,675,269,587    99.60    6,768,052    0.40 
Diana L. Taylor   1,594,363,482    94.79    87,674,157    5.21 

 

- 2 -

 

Management received a proxy from the holder of Class B Shares to vote all 85,120 Class B Shares for each of the eight directors nominated by this shareholder class:

 

Director Nominee  Votes For % 
Howard S. Marks   100.0 
Rafael Miranda   100.0 
Lord O’Donnell   100.0 
Jeffrey M. Blidner   100.0 
Jack L. Cockwell   100.0 
Bruce Flatt   100.0 
Brian D. Lawson   100.0 
Samuel J.B. Pollock   100.0 

 

Appointment of the External Auditors

 

The resolution to reappoint Deloitte LLP as the external auditor of the Corporation to hold office until the next Annual 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.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Withheld   % 
Class A Shares  Carried   1,601,439,592    91.60    146,814,410    8.40 
Class B Shares  Carried   85,120    100.0    Nil    Nil 

 

Advisory Resolution on Approach to Executive Compensation

 

The resolution passing an advisory resolution on the Corporation’s Approach to Executive Compensation, as set out in the Management Information Circular dated June 5, 2026, was approved by the majority of the holders of Class A Shares.

 

Management received the following proxies from the holders of Class A Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   1,600,945,023    95.18    81,092,626    4.82 

 

Transaction Resolution

 

The special resolution approving the Transaction designed to simplify the corporate structure of the Corporation, as set out in the Transaction Supplement to the Management Information Circular dated June 5, 2026, was approved by the majority of the holders of Class A Shares and Class B Shares, each voting as a separate class.

 

- 3 -

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   1,334,634,374    79.35    347,403,274    20.65 
Class B Shares  Carried   85,120    100.0    Nil    Nil 

 

New BN Share Option Plan Resolution

 

The resolution approving the management share option plan for Brookfield Corporation Ltd. (“New BN”), as set out in the Transaction Supplement to the Management Information Circular dated June 5, 2026, was approved. Approval of this resolution required the affirmative vote of (i) a majority (calculated on a combined basis) of the votes cast by the holders of Class A Shares and class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd., and (ii) a majority (calculated on a combined basis) of the votes cast by the holder of Class B Shares and the holder of class B limited voting shares of Brookfield Wealth Solutions Ltd., in each case, who voted in person or by proxy at the respective meetings.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   1,270,708,096    75.55    411,329,538    24.45 
Class B Shares  Carried   85,120    100.0    Nil    Nil 

 

Management of Brookfield Wealth Solutions Ltd. received proxies from a sufficient number of holders of class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd. and class B limited voting shares of Brookfield Wealth Solutions Ltd. for the resolution approving the New BN Share Option Plan to be approved.

 

New BN Escrowed Stock Plan Resolution

 

The resolution approving the escrowed stock plan for New BN, as set out in the Transaction Supplement to the Management Information Circular dated June 5, 2026, was approved. Approval of this resolution required the affirmative vote of (i) a majority (calculated on a combined basis) of the votes cast by the holders of Class A Shares and class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd., and (ii) a majority (calculated on a combined basis) of the votes cast by the holder of Class B Shares and the holder of class B limited voting shares of Brookfield Wealth Solutions Ltd., in each case, who voted in person or by proxy at the respective meetings.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   1,270,891,551    75.56    411,146,097    24.44 
Class B Shares  Carried   85,120    100.0    Nil    Nil 

 

- 4 -

 

Management of Brookfield Wealth Solutions Ltd. received proxies from a sufficient number of holders of class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd. and class B limited voting shares of Brookfield Wealth Solutions Ltd. for the resolution approving the New BN Escrowed Stock Plan to be approved.

 

New BNC Escrowed Stock Plan Resolution

 

The resolution approving the escrowed stock plan for Brookfield Canada Corporation, an affiliate of New BN, (“New BNC”), as set out in the Transaction Supplement to the Management Information Circular dated June 5, 2026, was approved. Approval of this resolution required the affirmative vote of (i) a majority (calculated on a combined basis) of the votes cast by the holders of Class A Shares and class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd., and (ii) a majority (calculated on a combined basis) of the votes cast by the holder of Class B Shares and the holder of class B limited voting shares of Brookfield Wealth Solutions Ltd., in each case, who voted in person or by proxy at the respective meetings.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   1,585,998,612    94.29    96,039,038    5.71 
Class B Shares  Carried   85,120    100.0    Nil    Nil 

 

Management of Brookfield Wealth Solutions Ltd. received proxies from a sufficient number of holders of class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd. and class B limited voting shares of Brookfield Wealth Solutions Ltd. for the resolution approving the New BNC Escrowed Stock Plan to be approved.

 

New BNC Share Option Plan Resolution

 

The resolution approving the management share option plan for New BNC, as set out in the Transaction Supplement to the Management Information Circular dated June 5, 2026, was approved. Approval of this resolution required the affirmative vote of (i) a majority (calculated on a combined basis) of the votes cast by the holders of Class A Shares and class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd., and (ii) a majority (calculated on a combined basis) of the votes cast by the holder of Class B Shares and the holder of class B limited voting shares of Brookfield Wealth Solutions Ltd., in each case, who voted in person or by proxy at the respective meetings.

 

Management received the following proxies from the holders of Class A Shares and Class B Shares on this resolution:

 

Class  Outcome  Votes For   %   Votes Against   % 
Class A Shares  Carried   1,581,414,445    94.61    90,047,943    5.39 
Class B Shares  Carried   85,120    100.0    Nil    Nil 

 

- 5 -

 

Management of Brookfield Wealth Solutions Ltd. received proxies from a sufficient number of holders of class A exchangeable limited voting shares of Brookfield Wealth Solutions Ltd. and class B limited voting shares of Brookfield Wealth Solutions Ltd. for the resolution approving the New BNC Share Option Plan to be approved.

 

Other Business

 

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

 

    Brookfield Corporation
     
     
    /s/ Swati Mandava
    Swati Mandava
    Corporate Secretary
   
Date: July 16, 2026    

 

 

 

Filing Exhibits & Attachments

2 documents