Brookfield Corporation Announces Renewal of Normal Course Issuer Bid

Brookfield Corporation (NYSE: BN, TSX: BN) announced on May 25, 2026, that it received approval from the Toronto Stock Exchange (TSX) to renew its normal course issuer bid. The bid allows Brookfield to buy up to 191,034,672 Class A Limited Voting Shares, representing 10% of its public float, through the TSX, New York Stock Exchange (NYSE), or alternative trading systems. The repurchase period runs from May 27, 2026, to May 26, 2027, or earlier if the target is met. As of May 15, 2026, Brookfield had 1,910,346,718 Class A Shares in its public float, with a daily purchase cap of 722,889 shares on the TSX, based on average trading volume. Under its prior bid (May 27, 2025–May 26, 2026), Brookfield did not purchase shares on the TSX but acquired 15,130,344 Class A Shares on the NYSE at a weighted average price of US$41.51, following a 3-for-2 stock split in October 2025. The renewal supports Brookfield’s capital allocation strategy, with repurchased shares canceled or held by a non-independent trustee for long-term incentive plans. The company will also launch an automatic share purchase plan in June 2026 to facilitate repurchases during internal trading blackouts or insider trading restrictions. Brookfield Corporation is a global investment firm with core businesses in asset management, wealth solutions, and operating sectors like energy, infrastructure, private equity, and real estate. It has delivered over 15% annualized returns to shareholders for three decades, leveraging its conservatively managed balance sheet and global networks. The issuer bid aligns with Brookfield’s strategy to optimize shareholder value while maintaining compliance with applicable securities regulations. All transactions will occur at market prices unless otherwise permitted by law.