Brookfield Asset Management Announces Completion of Three-for-Two Stock Split
01 April 2020 - 10:31PM
Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE:
BAM) announced today the completion of its previously announced
three-for-two stock split. By way of a stock dividend, shareholders
received one-half of a Brookfield Class A Limited Voting Share
(“Class A Share”) for each Class A and Class B Limited Voting Share
held (i.e., one additional share for every two shares held).
Fractional shares were paid in cash based on the closing price of
the Class A Shares on the Toronto Stock Exchange on the record date
of February 28, 2020. Class A Shares will trade on a post-split
basis as of market open on Thursday, April 2, 2020.
Brookfield Asset Management
Inc. is a leading global alternative asset manager with
over US$540 billion of assets under management across real estate,
infrastructure, renewable power, private equity and credit.
Brookfield owns and operates long-life assets and businesses, many
of which form the backbone of the global economy. Utilizing its
global reach, access to large-scale capital and operational
expertise, Brookfield offers a range of alternative investment
products to investors around the world—including public and private
pension plans, endowments and foundations, sovereign wealth funds,
financial institutions, insurance companies and private wealth
investors. Brookfield Asset Management is listed on the New York
and Toronto stock exchanges under the symbol BAM and BAM.A
respectively. For more information, please visit our website at
www.brookfield.com.
For more information, please contact:
Media |
|
Investor Relations |
Claire Holland Tel: +1 416 369 8236 Email:
claire.holland@brookfield.com |
|
Linda Northwood Tel: +1 416 359 8647 Email:
linda.northwood@brookfield.com |
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