BROOKFIELD, NEWS, June 23, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that after having taken into account all election notices received by the June 15, 2022 deadline for the conversion of its Cumulative Class A Preference Shares, Series 28 (the “Series 28 Shares”) (TSX:BAM-PR-X.TO) into Cumulative Class A Preference Shares, Series 29 (the “Series 29 Shares”), there were 13,675 Series 28 Shares tendered for conversion, which is less than the one million shares required to give effect to 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.
Read more at globenewswire.comBrookfield Announces Results of Conversion of its Series 28 Preferred Shares
Globe Newswire - Press Release
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/Cybersecurity%20by%20AIBooth%20via%20Shutterstock.jpg)