Brookfield Asset Management announced the renewal of its normal course issuer bid.
The bid allows the purchase of up to 36,946,177 Class A Limited Voting Shares.
Purchases will be made on the NYSE, TSX, and alternative trading systems.
Bid Details
Bid allows purchase of 10% of the public float of Class A Shares.
Bid Period
Bid period: Jan 13, 2026 - Jan 12, 2027, subject to completion of purchases.
Previous Bid
6,548,561 Class A Shares purchased under prior bid at an average price of US$54.14 per share.
- Brookfield Asset Management aims to align its investment and capital allocation strategies through the bid renewal.
- All acquired Class A Shares will be cancelled or bought by a trustee as per the long-term incentive plans.
Brookfield's renewal of the bid reflects its commitment to strategic investment plans and capital allocation strategies.