TSX:BAM - Post Discussion
Post by
Betteryear2 on Jan 09, 2024 12:24pm
Renewal of Normal Course Issuer Bid T.BAM
BROOKFIELD, NEWS, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced it has received approval from the Toronto Stock Exchange (the “TSX”) for the renewal of its normal course issuer bid to purchase up to 34,605,494 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management’s outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the TSX, the New York Stock Exchange (“NYSE”) and/or alternative trading systems. The period of the normal course issuer bid will extend from January 11, 2024 to January 10, 2025, or an earlier date should Brookfield Asset Management complete its purchases. Brookfield Asset Management will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted. Brookfield Asset Management Announces Renewal of Normal (globenewswire.com)
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