BROOKFIELD, NEWS, Aug. 19, 2026 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield” or “the Company”) (TSX: BN, NYSE: BN) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 10% of the public float of each series of the Company’s outstanding Class A Preference Shares that are listed on the TSX (the “Preferred Shares”). Purchases under the bid will be made on the open market through the facilities of the TSX and/or alternative Canadian trading systems. The period of the normal course issuer bid will extend from August 24, 2026 to August 23, 2027, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Preferred Shares purchased or such other price as may be permitted.
Under the normal course issuer bid, Brookfield is authorized to repurchase each respective series of the Preferred Shares as follows:
| Series | Ticker |
Issued and outstanding shares1 |
Public float |
Average daily trading volume2 |
Maximum number of shares subject to purchase3 |
|
| Total |
Daily |
|||||
| Series 2 | BN.PR.B | 10,220,175 | 10,220,175 | 4,734 | 1,022,017 | 1,183 |
| Series 4 | BN.PR.C | 3,983,910 | 3,983,910 | 1,612 | 398,391 | 1,000 |
| Series 13 | BN.PR.K | 8,792,596 | 8,792,596 | 5,605 | 879,259 | 1,401 |
| Series 17 | BN.PR.M | 7,840,204 | 7,840,204 | 3,115 | 784,020 | 1,000 |
| Series 18 | BN.PR.N | 7,681,088 | 7,681,088 | 3,470 | 768,108 | 1,000 |
| Series 24 | BN.PR.R | 10,808,027 | 10,808,027 | 10,376 | 1,080,802 | 2,594 |
| Series 26 | BN.PR.T | 9,770,928 | 9,770,928 | 7,236 | 977,092 | 1,809 |
| Series 28 | BN.PR.X | 9,233,927 | 9,233,927 | 4,031 | 923,392 | 1,007 |
| Series 30 | BN.PR.Z | 9,787,090 | 9,787,090 | 3,513 | 978,709 | 1,000 |
| Series 32 | BN.PF.A | 11,750,299 | 11,750,299 | 7,408 | 1,175,029 | 1,852 |
| Series 34 | BN.PF.B | 9,876,735 | 9,876,735 | 4,315 | 987,673 | 1,078 |
| Series 36 | BN.PF.C | 7,842,909 | 7,842,909 | 3,694 | 784,290 | 1,000 |
| Series 37 | BN.PF.D | 7,830,091 | 7,830,091 | 3,136 | 783,009 | 1,000 |
| Series 38 | BN.PF.E | 7,906,132 | 7,906,132 | 4,867 | 790,613 | 1,216 |
| Series 40 | BN.PF.F | 11,841,025 | 11,841,025 | 5,738 | 1,184,102 | 1,434 |
| Series 42 | BN.PF.G | 11,887,500 | 11,887,500 | 4,943 | 1,188,750 | 1,235 |
| Series 46 | BN.PF.I | 11,740,797 | 11,740,797 | 10,457 | 1,174,079 | 2,614 |
| Series 48 | BN.PF.J | 11,885,972 | 11,885,972 | 5,161 | 1,188,597 | 1,290 |
| Series 51 | BN.PF.K | 3,202,986 | 3,202,986 | 2,842 | 320,298 | 1,000 |
| Series 52 | BN.PF.L | 1,157,480 | 1,157,480 | 4,097 | 115,748 | 1,024 |
| Series 54 | BN.PF.M | 10,000,000 | 10,000,000 | 7,356 | 1,000,000 | 1,839 |
As of August 12, 2026, under its current normal course issuer bid that commenced on August 22, 2025 and will expire on August 21, 2026, and which was approved by the TSX, Brookfield purchased 251,500 shares of the Preferred Shares, Series 51 at a weighted average price of C$17.86 per share of which 131,500 shares was made on the TSX. The Company also purchased 23,300 shares of the Preferred Shares, Series 52 at a weighted average price of C$17.55 per share on the TSX.
Brookfield believes that the renewed normal course issuer bid will provide the flexibility to use available funds to purchase Preferred Shares where it aligns with the Company’s investment and capital allocation strategies. All Preferred Shares acquired by Brookfield under this bid will be cancelled.
Brookfield intends to enter into an automatic share purchase plan on or about the week of September 21, 2026 in relation to the normal course issuer bid. The automatic share purchase plan will allow for the purchase of Preferred Shares, subject to certain trading parameters, at times when Brookfield ordinarily would not be active in the market due to its own internal trading black-out period, insider trading rules or otherwise. Outside of these periods, the Preferred Shares will be repurchased in accordance with management’s discretion and in compliance with applicable law.
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 infrastructure, energy, private equity, and real estate.
We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our 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 visit our website at www.bn.brookfield.com or contact:
| Media: | Investor Relations: |
| Kerrie McHugh | Katie Battaglia |
| Tel: (212) 618-3469 | Tel: (416) 359-8544 |
| Email: [email protected] | Email: [email protected] |
Forward-Looking
Statements
This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws
and
“forward-looking
statements”
within
the
meaning
of
the
U.S.
Securities
Act
of
1933,
the
U.S.
Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995
and
in
any
applicable
Canadian
securities
regulations
(collectively,
“forward-looking
statements”).
Forward-looking
statements
include
statements
that
are
predictive
in
nature,
depend
upon
or
refer
to
future
results,
events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions and which in turn are based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate
in
the
circumstances.
The
estimates,
beliefs
and
assumptions
of
Brookfield
are
inherently
subject
to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect”,
“anticipate”,
“believe”,
“foresee”,
“could”,
“estimate”,
“goal”,
“intend”,
“plan”,
“seek”,
“strive”,
“will”,
“may” and
“should”
and
similar
expressions.
In
particular,
the
forward-looking
statements
contained
in
this
news
release include statements referring to potential future purchases by Brookfield of its Preferred Shares pursuant to the Company’s normal course issuer bid and automatic share purchase plan.
Although Brookfield Corporation believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, actual results may differ materially from the forward-looking statements. Factors
that
could
cause
actual
results
to
differ
materially
from
those
contemplated
or
implied
by
forward-looking statements include, but are not limited to: (i) returns that are lower than target; (ii) the impact or unanticipated impact
of
general
economic,
political
and
market
factors
in
the
countries
in
which
we
do
business;
(iii)
the
behavior of financial markets, including fluctuations in interest and foreign exchange rates and heightened inflationary pressures;
(iv)
global
equity
and
capital
markets
and
the
availability
of
equity
and
debt
financing
and
refinancing within these markets; (v) strategic actions including acquisitions and dispositions; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits; (vi) changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates); (vii) the ability to appropriately manage human capital; (viii) the effect
of
applying
future
accounting
changes;
(ix)
business
competition;
(x)
operational
and
reputational
risks;
(xi) technological change; (xii) changes in government regulation and legislation within the countries in which we operate; (xiii) governmental investigations and sanctions; (xiv) litigation; (xv) changes in tax laws; (xvi) ability to collect
amounts
owed;
(xvii)
catastrophic
events,
such
as
earthquakes,
hurricanes
and
epidemics/pandemics;
(xviii) the possible impact of international conflicts and other developments including terrorist acts and cyberterrorism; (xix) the introduction, withdrawal, success and timing of business initiatives and strategies; (xx) the
failure
of
effective
disclosure
controls
and
procedures
and
internal
controls
over
financial
reporting
and
other risks;
(xxi)
health,
safety
and
environmental
risks;
(xxii)
the
maintenance
of
adequate
insurance
coverage;
(xxiii) the
existence
of
information
barriers
between
certain
businesses
within
our
asset
management
operations;
(xxiv) risks specific to our business segments including asset management, wealth solutions, renewable power and transition, infrastructure, private equity, real estate and corporate activities; and (xxv) factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States.
We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect future results. Readers are urged to consider these risks, as well as other uncertainties,
factors
and
assumptions
carefully
in
evaluating
the
forward-looking
statements
and
are
cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to
us
as
of
the
date
of
this
news
release
or
such
other
date
specified
herein.
Except
as
required
by
law,
Brookfield Corporation undertakes no obligation to publicly update or revise any forward- looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.
_________________________________
1 As at August 12, 2026
2 Calculated for the six-month period ended July 31, 2026.
3 In accordance with TSX rules, any daily repurchases on the TSX with respect to (i) the Series 4, Series 17, Series 18, Series 30, Series 36, Series 37 and Series 51 Preferred Shares will be limited to 1,000 shares of the respective series and (ii) each of the other series of Preferred Shares (excluding the Series 4, Series 17, Series 18, Series 30, Series 36, Series 37 and Series 51 Preferred Shares) will be limited to 25% of the average daily trading volume on the TSX of the respective Preferred Shares.
