Brookfield Business Partners L.P. announces an Equity Buyback for 3,929,206 shares, representing 5% of its issued share capital.
August 12, 2021 at 04:48 pm EDT
Brookfield Business Partners L.P. (NYSE:BBU) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 3,929,206 units, representing 5% of its issued and outstanding units. The repurchased units will be cancelled. The bid will terminate on August 16, 2021, or earlier should the company complete its repurchases prior to such date. As of August 16, 2022, the company had 78,584,113 units issued and outstanding.