Home Alternative guide Brookfield Announces Results of Conversion of its Series 28 Preferred Shares

Brookfield Announces Results of Conversion of its Series 28 Preferred Shares

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BROOKFIELD, NEWS, June 23, 2022 (GLOBE NEWSWIRE) — Brookfield (NYSE: BAM, TSX: BAM.A) today announced that after considering all election notices received by the June 15, 2022 deadline for the conversion of its Class A Cumulative Preferred Shares, Series 28 (the “Series 28 Shares”) ( TSX: BAM.PR.X) into Class A Cumulative Preferred Shares, Series 29 (the “Series 29 Shares”), 13,675 Series 28 Shares have been tendered for conversion, which is less than the million shares required to effect a conversion into Series 29 Shares. Accordingly, there will be no conversion of Series 28 Shares into Series 29 Shares and holders of Series 28 Shares will retain their Series 28 Shares.

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About Brookfield
Brookfield (NYSE: BAM, TSX: BAM.A) is a leading global alternative asset manager with approximately US$725 billion in assets under management in real estate, infrastructure, renewable energy and transition , private equity and credit. Brookfield owns and operates long-lived assets and businesses, many of which form the backbone of the global economy. Using its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world, including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private investors.

For more information, please visit our website at www.brookfield.com or contact:

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