Brookfield Office Properties Inc T.BPO.PR.A

b-buy now.

[wynner]

6:18 AM EST - Brookfield Office Properties Inc.(BPO.P:CA): Brookfield Office Properties Inc. purchased 1,033 shares at $14.9868 on 02-02-24 -- bringing the total ownership In the company to 11,730 shares

https://www.baystreet.ca/articles/insider_trades.aspx

[Carena]

Hi there, Thanks for the post. I checked SEDI and yes they have been buying in all the rate reset issues. Obviously small amounts but it will be interesting to see if they stick with it and get to the 10% limit.   Have a great weekend, Carena

[valuehunters]

Look at this. https://ceo.ca/api/sedi/?symbol=bpo&amount=&transaction=&insider= Not a small amount. The shorts will cry.

[wynner]

Not buying my X . Mind you there is/was only about 500 short. Sarcasm?

[pierrelebel]

valuehunters - thank you for the list on preferred share buyback. It will most interesting to review the January 31st short positions on these BPO preferred shares when the list is released in the next fews days (Monday or Tuesday). With the ex-dividend date (March 14th) less than six weeks away, I suspect some short sellers may need to change their underwares soon, more so for those short the

[wynner]

I think Mr Flatt would "prefer" not to pay $1.70 a year for 5 years on the T prefereds. Buy back and cancel.

[alertmeipp]

1 billions or two is a very cheap price to pay to make all these preferred not showing up in the public eyes. It does look good fro have Brookfield plated preferred trading at 40 cents on a dollar I guess.

[Sleepytrades]

I've been following this for a while and am very excited to see these trades.  It would appear to be a good use of capital for the company and I cannot see a better position for them to take but both retire the "debt" and associated costs but to do it below par is excpetional.  I cannot see how this is not a very positive sign as relative fiscal strength for this