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 07:13 ET (11:13 GMT)
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