Brookfield Security History

The following is a summary of recent corporate events related to the publicly traded securities issued by Brookfield


2016 Event
November 18 Brookfield issued 12,000,000 of 4.8%* perpetual Class A Preference shares, Series 46, which commenced trading on the TSX under the symbol BAM.PF.I.
*Commencing on March 21, 2022, the dividend rate will be reset every five years at a rate equal to the greater of: (i) the 5-year Government of Canada bond yield plus 3.85% and ii)4.8%                       
June 30 Holders of Brookfield's Class A Preference Shares, Series 24 (BAM.PR.R) converted 1,533,133 of these shares into an equivalent number of Brookfield's Class A Preference Shares, Series 25 (BAM.PR.S).
June 20 Brookfield distributed a special dividend of one unit of Brookfield Business Partners per 50 Class A Limited Voting shares held by shareholders of record at the close of business on June 2, 2016. The units commenced trading on the NYSE and the TSX under the symbols BBU and BBU.UN, respectively, on June 20, 2016. Fractional units were paid in cash based on the weighted average trading price of the units on the NYSE and TSX for the five trading days following the commencement of trading, which were US$21.3873 and C$27.1594 per unit, respectively.
March 1 Brookfield announced its intention to redeem all of its outstanding Class A Preference shares, Series 14 (BAM.PR.L) for cash at par value of C$100.00 plus accrued and unpaid dividends.
2015 Event
October 2 Brookfield issued 10,000,000 of 5.0%* perpetual Class A Preference shares, Series 44, which commenced trading on the TSX under the symbol BAM.PF.H.

Commencing on December 31, 2020, the dividend rate will be reset every five years at a rate equal to the greater of: (i) the 5-year Government of Canada bond yield plus 4.17%,and ii) 5.0%.

May 12 Brookfield completed a three-for-two stock split of its Class A Limited Voting Shares by way of a stock dividend paid on May 12, 2015 to shareholders of record at the close of business on May 5, 2015, of one Class A Share for every two Class A or Class B Shares held on the record date. Fractional shares were paid in cash at the rate of C$21.43 or US$17.80 for each dividend of one-half a Class A Share. On a post-split basis, the quarterly dividend on the Class A Shares for June 30, 2015 is US$0.12 per subdivided share.
2014 Event
October 8 Brookfield issued 12,000,000 of 4.5%* perpetual Class A Preference shares, Series 42, which commenced trading on the TSX under the symbol BAM.PF.G.

Commencing on June 30, 2020, the dividend rate will be reset every five years at a rate equal to the five year Government of Canada bond yield plus 2.84%.

June 5 Brookfield issued 12,000,000 of 4.5%* perpetual Class A Preference shares,Series 40, which commenced trading on the TSX under the symbol BAM.PF.F.
Commencing on October 1, 2019, the dividend rate will be reset every five years at a rate equal to the five year Government of Canada bond yield plus 2.86%.
May 27 Brookfield announced its intention to redeem all of its outstanding Class A Preference shares, Series 22 (BAM.PR.P) for cash of $25.00 plus accrued and unpaid dividends on September 30, 2014. 
May 7 Brookfield announced an increase in the quarterly dividend on its Class A Limited Voting Shares from US$0.15 to US$0.16, commencing with the dividend payable on June 30, 2014, to shareholders of record as at the close of business on May 31, 2014.
March 13 Brookfield issued 8,000,000 of 4.4%* perpetual Class A Preference shares, Series 38, which commenced trading on the TSX under the symbol BAM.PF.E.
Commencing on April 1, 2020, the dividend rate will be reset every five years at a rate equal to the five year Government of Canada bond yield plus 2.55%.
March 6 Brookfield announced its intention to redeem all of its outstanding Class A Preference shares, Series 12 (BAM.PR.J) for cash of $26.00 plus accrued and unpaid dividends on April 6, 2014.

Note: "TSX" refers to the Toronto Stock Exchange. "NYSE" refers to the New York Stock Exchange.
For a summary of corporate events related to the publicly traded securities issued by Brookfield since its formation by amalgamation in August 1997, as well as selected historical information on Brookfield's predecessor companies, please click Brookfield Security History.