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Brookfield Renews Buyback Program for 10% of its Class A Float

Provided by Dow Jones May 25, 2026, 11:28:00 AM

By Adriano Marchese

Brookfield intends to renew its share repurchase program to buy back up to 10% of its class A shares for cancellation.

The Canadian alternative asset manager said Monday that the Toronto Stock Exchange has approved its normal course issuer bid to buy back up to 191 million class A limited voting shares for cancellation.

Shares have barely budged so far in 2026, and were down 0.5% since the start of the year to close on Friday at 62.71 Canadian dollars ($45.37).

Brookfield can begin buying back the shares starting on May 27.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 25, 2026 07:28 ET (11:28 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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