Brookfield Business Corporation announced that the Toronto Stock Exchange has accepted its notice to renew a normal course issuer bid for its class A subordinate voting shares. The company is authorized to purchase up to 10,272,100 shares, representing 5% of the 205,442,014 shares outstanding as of August 7, 2026, with purchases commencing August 19, 2026 and terminating August 18, 2027. Under the bid, Brookfield Business Corporation may buy up to 33,379 shares per trading day on the TSX, equal to 25% of the average daily trading volume of 133,517 shares over the period from March 31, 2026 to July 31, 2026. The company previously completed a normal course issuer bid for its predecessor entity, purchasing the maximum approved 3,499,836 shares at a weighted average price of US$32.98 per share. Brookfield Business Corporation has also entered into an automatic share purchase plan to allow purchases during internal trading black-out periods.
Brookfield Business CorpCompany renews normal course issuer bid to buy back up to 5% of shares, supporting stock price.
