TSX:BPO.P.A - Post by User
Comment by
pierrelebelon Jan 10, 2024 2:38pm
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Post# 35819947
RE:RE:RE:Bullish for BPO preferred
RE:RE:RE:Bullish for BPO preferred
Back in January 2022, Brookfield issued a press release confirming
".... 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 AAA Preference Shares..."
"... Brookfield has not repurchased any Preferred Shares in the past 12 months...."
I cannot find a similar statement for 2023.
Today (2024), the statement reads "... it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid to purchase up to 10% of the public float of each series of the company’s outstanding Class AAA Preference Shares..."
There is no mention of renewing an approval.