Brookfield Corporation (TSE:BN) has released an update.
Brookfield Corporation has announced that the conversion conditions for its Series 34 Preferred Shares into Series 35 Shares have not been met, as less than the required one million Series 34 Shares were tendered for conversion. Consequently, shareholders will retain their Series 34 Shares. The company remains a global investment leader, aiming for long-term wealth creation and targeting annualized returns of 15%+ for its shareholders.
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