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    BAM.A   CA1125851040

BROOKFIELD ASSET MANAGEMENT INC.

(BAM.A)
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Delayed Toronto Stock Exchange  -  12:30 2022-08-09 pm EDT
64.28 CAD   -0.51%
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08/03Twitter Seeks Financing Documents For Elon Musk's Abandoned $44 Billion Buyout
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Brookfield Announces Results of Conversion of its Series 28 Preferred Shares

06/23/2022 | 04:31pm EDT

BROOKFIELD, NEWS, June 23, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that after having taken into account all election notices received by the June 15, 2022 deadline for the conversion of its Cumulative Class A Preference Shares, Series 28 (the “Series 28 Shares”) (TSX: BAM.PR.X) into Cumulative Class A Preference Shares, Series 29 (the “Series 29 Shares”), there were 13,675 Series 28 Shares tendered for conversion, which is less than the one million shares required to give effect to a conversion into Series 29 Shares. Accordingly, there will be no conversion of Series 28 Shares into Series 29 Shares and holders of Series 28 Shares will retain their Series 28 Shares.

About Brookfield
Brookfield (NYSE: BAM, TSX: BAM.A) is a leading global alternative asset manager with approximately US$725 billion of assets under management across real estate, infrastructure, renewable power and transition, 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.

For more information, please visit our website at www.brookfield.com or contact:

MediaInvestor Relations
Kerrie McHughLinda Northwood
Tel: +1 212 618-3469+1 416 359-8647
Email: kerrie.mchugh@brookfield.comlinda.northwood@brookfield.com

                                                
                                        
                                

                


All news about BROOKFIELD ASSET MANAGEMENT INC.
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Financials (USD)
Sales 2022 84 984 M - -
Net income 2022 - - -
Net Debt 2022 142 B - -
P/E ratio 2022 15,2x
Yield 2022 1,12%
Capitalization 78 965 M 78 965 M -
EV / Sales 2022 2,60x
EV / Sales 2023 2,41x
Nbr of Employees 180 000
Free-Float 80,1%
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Mean consensus BUY
Number of Analysts 11
Last Close Price 50,31 $
Average target price 62,04 $
Spread / Average Target 23,3%
EPS Revisions
Managers and Directors
James Bruce Flatt Chief Executive Officer & Director
Nicholas Goodman Chief Financial Officer & Senior Managing Partner
Frank J. McKenna Chairman
Dominic Dodds Managing Director-Technology
Lori A. Pearson Chief Operating Officer & Senior Managing Partner
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