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BROOKFIELD, NEWS, Aug. 19, 2026 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield” or “the Company”) (TSX: BN, NYSE: BN) today announced 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 A Preference Shares that are listed on the TSX (the “Preferred Shares”). Purchases under the bid will be made on the open market through the facilities of the TSX and/or alternative Canadian trading systems. The period of the normal course issuer bid will extend from August 24, 2026 to August 23, 2027, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Preferred Shares purchased or such other price as may be permitted.
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Under the normal course issuer bid, Brookfield is authorized to repurchase each respective series of the Preferred Shares as follows:
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| Series | Ticker | Issued and outstanding shares1 | Public float | Average daily trading volume2 | Maximum number of shares subject to purchase3 | |
| Total | Daily | |||||
| Series 2 | BN.PR.B | 10,220,175 | 10,220,175 | 4,734 | 1,022,017 | 1,183 |
| Series 4 | BN.PR.C | 3,983,910 | 3,983,910 | 1,612 | 398,391 | 1,000 |
| Series 13 | BN.PR.K | 8,792,596 | 8,792,596 | 5,605 | 879,259 | 1,401 |
| Series 17 | BN.PR.M | 7,840,204 | 7,840,204 | 3,115 | 784,020 | 1,000 |
| Series 18 | BN.PR.N | 7,681,088 | 7,681,088 | 3,470 | 768,108 | 1,000 |
| Series 24 | BN.PR.R | 10,808,027 | 10,808,027 | 10,376 | 1,080,802 | 2,594 |
| Series 26 | BN.PR.T | 9,770,928 | 9,770,928 | 7,236 | 977,092 | 1,809 |
| Series 28 | BN.PR.X | 9,233,927 | 9,233,927 | 4,031 | 923,392 | 1,007 |
| Series 30 | BN.PR.Z | 9,787,090 | 9,787,090 | 3,513 | 978,709 | 1,000 |
| Series 32 | BN.PF.A | 11,750,299 | 11,750,299 | 7,408 | 1,175,029 | 1,852 |
| Series 34 | BN.PF.B | 9,876,735 | 9,876,735 | 4,315 | 987,673 | 1,078 |
| Series 36 | BN.PF.C | 7,842,909 | 7,842,909 | 3,694 | 784,290 | 1,000 |
| Series 37 | BN.PF.D | 7,830,091 | 7,830,091 | 3,136 | 783,009 | 1,000 |
| Series 38 | BN.PF.E | 7,906,132 | 7,906,132 | 4,867 | 790,613 | 1,216 |
| Series 40 | BN.PF.F | 11,841,025 | 11,841,025 | 5,738 | 1,184,102 | 1,434 |
| Series 42 | BN.PF.G | 11,887,500 | 11,887,500 | 4,943 | 1,188,750 | 1,235 |
| Series 46 | BN.PF.I | 11,740,797 | 11,740,797 | 10,457 | 1,174,079 | 2,614 |
| Series 48 | BN.PF.J | 11,885,972 | 11,885,972 | 5,161 | 1,188,597 | 1,290 |
| Series 51 | BN.PF.K | 3,202,986 | 3,202,986 | 2,842 | 320,298 | 1,000 |
| Series 52 | BN.PF.L | 1,157,480 | 1,157,480 | 4,097 | 115,748 | 1,024 |
| Series 54 | BN.PF.M | 10,000,000 | 10,000,000 | 7,356 | 1,000,000 | 1,839 |
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As of August 12, 2026, under its current normal course issuer bid that commenced on August 22, 2025 and will expire on August 21, 2026, and which was approved by the TSX, Brookfield purchased 251,500 shares of the Preferred Shares, Series 51 at a weighted average price of C$17.86 per share of which 131,500 shares was made on the TSX. The Company also purchased 23,300 shares of the Preferred Shares, Series 52 at a weighted average price of C$17.55 per share on the TSX.
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Brookfield believes that the renewed normal course issuer bid will provide the flexibility to use available funds to purchase Preferred Shares where it aligns with the Company’s investment and capital allocation strategies. All Preferred Shares acquired by Brookfield under this bid will be cancelled.
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Brookfield intends to enter into an automatic share purchase plan on or about the week of September 21, 2026 in relation to the normal course issuer bid. The automatic share purchase plan will allow for the purchase of Preferred Shares, subject to certain trading parameters, at times when Brookfield ordinarily would not be active in the market due to its own internal trading black-out period, insider trading rules or otherwise. Outside of these periods, the Preferred Shares will be repurchased in accordance with management’s discretion and in compliance with applicable law.
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