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[6-K] BROOKFIELD Corp /ON/ Current Report (Foreign Issuer)

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

Rhea-AI Filing Summary

Brookfield Corporation reported the results of a planned conversion right for its Cumulative Class A Preference Shares, Series 24. Only 1,400 Series 24 shares were tendered for conversion into Series 25 shares, below the required one million-share minimum. Because this threshold was not met, no Series 24 shares will be converted, and all holders will retain their existing Series 24 Preference Shares under the current terms.

Positive

  • None.

Negative

  • None.
Series 24 shares tendered 1,400 shares Election to convert into Series 25
Minimum required for conversion 1,000,000 shares Threshold to convert Series 24 into Series 25
Cumulative Class A Preference Shares, Series 24 financial
"conversion of its Cumulative Class A Preference Shares, Series 24 (the “Series 24 Shares”)"
Cumulative Class A Preference Shares, Series 25 financial
"into Cumulative Class A Preference Shares, Series 25 (the “Series 25 Shares”)"
conversion financial
"tendered for conversion, which is less than the one million shares required"
Conversion is the exchange of one type of financial instrument for another, most commonly turning convertible bonds or preferred shares into common stock. It matters to investors because conversion changes the number of outstanding shares and ownership stakes—like trading a coupon for a slice of a company—potentially reducing each existing owner's portion, affecting per-share earnings, voting power and the market value of the stock.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
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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: 001-15160

BROOKFIELD CORPORATION
(Translation of registrant's name into English)

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 ]

 

 


EXHIBIT INDEX

 

Exhibit Number Description
  
99.1 Press Release dated June 22, 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 CORPORATION    
  (Registrant)
   
  
Date: June 22, 2026     /s/ Swati Mandava    
  Swati Mandava
  Managing Director, Legal & Regulatory
  

EXHIBIT 99.1

Brookfield Announces Results of Conversion of its Series 24 Preference Shares

BROOKFIELD, NEWS, June 22, 2026 (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 24 (the “Series 24 Shares”) (TSX: BN.PR.R) into Cumulative Class A Preference Shares, Series 25 (the “Series 25 Shares”), there were 1,400 Series 24 Shares tendered for conversion, which is less than the one million shares required to give effect to conversion into Series 25 Shares. Accordingly, there will be no conversion of Series 24 Shares into Series 25 Shares and holders of Series 24 Shares will retain their Series 24 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: Asset Management, Wealth Solutions, and our Operating Businesses which are in energy, infrastructure, 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 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

FAQ

What did Brookfield Corporation (BN) announce about its Series 24 Preference Shares?

Brookfield announced the results of a conversion election for its Series 24 Preference Shares. Only 1,400 shares were tendered for conversion into Series 25, which did not meet the one million-share minimum required, so no conversion will occur and terms remain unchanged.

How many Brookfield Series 24 Preference Shares were required to convert into Series 25?

The company required at least one million Series 24 Preference Shares to be tendered for conversion into Series 25. This minimum threshold was not reached, which means the conversion feature was not triggered and all Series 24 shares stay outstanding as before.

How many Brookfield Series 24 Preference Shares were actually tendered for conversion?

Brookfield received election notices to convert 1,400 Series 24 Preference Shares into Series 25. This figure fell well short of the one million-share requirement, resulting in no conversion and leaving all existing Series 24 holders in their current security class.

What happens to holders of Brookfield’s Series 24 Preference Shares after this announcement?

Holders of Brookfield’s Series 24 Preference Shares will retain their existing Series 24 shares. Because the conversion minimum was not met, no Series 24 shares will convert into Series 25, and investors continue under the same preference share terms as before.

Does Brookfield’s announcement change the terms of the Series 24 Preference Shares?

The announcement does not change the terms of the Series 24 Preference Shares. Since the conversion threshold into Series 25 was not satisfied, the Series 24 shares remain outstanding on their existing terms, and investors continue holding the same security they held previously.

Filing Exhibits & Attachments

1 document