Brookfield says Series 24-25 preferred share conversion fails to meet 1 million-share threshold

Brookfield Asset Management Inc

Brookfield Asset Management Inc

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  • Brookfield scrapped the planned conversion of its Cumulative Class A Preference Shares, Series 24 into Series 25.
  • Only 1,400 Series 24 Shares were tendered, below the 1 million minimum needed to trigger the conversion.
  • Series 24 holders will retain their Series 24 Shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606221700OMX_____CNEWS_EN_GNW9750668_en) on June 22, 2026, and is solely responsible for the information contained therein.

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