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Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid
NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced it has received the requisite approval for the renewal of its normal course issuer bid providing the option to purchase up to 36,946,177 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management’s outstanding Class A Shares. Purchases under the bid will be made on the open marke
About this update from Brookfield Asset Management Inc
[{"type":"image","alt":"Brookfield Asset Management Ltd","displaySize":"","headline":null,"caption":"Brookfield Asset Management Ltd","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":26,"url":"https://media.zenfs.com/en/globenewswire.com/b6af473c8634439bb8c9ebe6adcb5ba4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QNyC1p556TuRAurA4d2Gvg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTM2O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/b6af473c8634439bb8c9ebe6adcb5ba4","width":150,"height":26}},"lazy":false},{"type":"text","content":"NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced it has received the requisite approval for the renewal of its normal course issuer bid providing the option to purchase up to 36,946,177 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management’s outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the New York Stock Exchange (“NYSE”), Toronto Stock Exchange (“TSX”), and/or alternative trading systems. The period of the normal course issuer bid will extend from January 13, 2026 to January 12, 2027, or an earlier date should Brookfield Asset Management complete its purchases. Brookfield Asset Management will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted.","length":964,"tagName":"p"},{"type":"text","content":"As at December 31, 2025, the number of Class A Shares issued and outstanding totaled 1,637,941,906 of which 369,461,770 shares represented the public float. The maximum daily purchase on the TSX under this bid will be 365,499 Class A Shares, which is 25% of 1,461,999 (the average daily trading volume for Class A Shares on the TSX for the six months ended December 31, 2025).","length":376,"tagName":"p"},{"type":"text","content":"Of the 37,123,295 Class A Shares approved for purchase under Brookfield Asset Management’s prior normal course issuer bid that commenced on January 13, 2025 and will expire on January 12, 2026, Brookfield Asset Management purchased 6,548,561 Class A Shares as of December 31, 2025; 100,000 Class A Shares through open market purchases on the TSX and 6,448,561 Class ...