Brookfield to issue CAD 150.00 million of preferred shares: stock pre-market at EUR 32.95
Published on 10/16/2026 at 07:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOffering and outlook
- Brookfield Corporation announced on October 15, 2026, that it plans to issue CAD 150.00 million of preferred shares.
- Brookfield stock trades pre-market at EUR 32.95 at 7:49 a.m. CEST at Lang & Schwarz on October 16, 2026.
- The offering is expected to close on October 22, 2026.
- The Series 56 preferred shares carry an initial annual dividend yield of 5.65 percent through December 31, 2031.
Brookfield Corporation announced on October 15, 2026, that it had agreed to issue 6,000,000 Class A Preference Shares, Series 56, for gross proceeds of CAD 150.00 million. Brookfield stock trades pre-market at EUR 32.95 at Lang & Schwarz at 7:49 a.m. CEST on October 16, 2026. Brookfield Corporation said the offering is expected to close on October 22, 2026.
Pre-market price
The Series 56 shares are being offered at CAD 25.00 each. Brookfield said the shares will carry a cumulative quarterly fixed dividend yielding 5.65 percent annually for the initial period ending December 31, 2031. The company also granted the underwriters an option to purchase up to an additional 2,000,000 shares, which would increase gross proceeds to CAD 200.00 million if exercised. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Brookfield stock.
What matters today
The offering is expected to close on October 22, 2026. Lang & Schwarz shows a bid of EUR 32.81 and an ask of EUR 33.08 at 7:49 a.m. CEST on October 16, 2026. The initial annual dividend yield for the Series 56 shares is 5.65 percent through December 31, 2031.
Market context: Market report S&P/TSX Composite.
