Series 30

Brookfield Corporation Announces Results of Conversion of its Series 30 and Series 48 Preferred Shares

Retrieved on: 
Wednesday, December 21, 2022

BROOKFIELD, NEWS, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced that after having taken into account all election notices received by the deadline for the conversion of its Cumulative Class A Preference Shares, Series 30 (the “Series 30 Shares”) (TSX: BN.PR.Z) into Cumulative Class A Preference Shares, Series 31 (the “Series 31 Shares”) and for the conversion of its Cumulative Class A Preference Shares, Series 48 (the “Series 48 Shares”) (TSX: BN.PF.J) into Cumulative Class A Preference Shares, Series 49 (the “Series 49 Shares”), there were 92,379 Series 30 Shares and 39,620 Series 48 Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series 31 Shares and Series 49 Shares, respectively.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced that after having taken into account all election notices received by the deadline for the conversion of its Cumulative Class A Preference Shares, Series 30 (the “Series 30 Shares”) (TSX: BN.PR.Z) into Cumulative Class A Preference Shares, Series 31 (the “Series 31 Shares”) and for the conversion of its Cumulative Class A Preference Shares, Series 48 (the “Series 48 Shares”) (TSX: BN.PF.J) into Cumulative Class A Preference Shares, Series 49 (the “Series 49 Shares”), there were 92,379 Series 30 Shares and 39,620 Series 48 Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series 31 Shares and Series 49 Shares, respectively.
  • Accordingly, there will be no conversion of Series 30 Shares into Series 31 Shares, nor of Series 48 Shares into Series 49 Shares and holders of Series 30 Shares and of Series 48 Shares will retain their Series 30 Shares and Series 48 Shares, respectively.

Warmth, Care, Christmas - Jackery's Xmas Giveaway is Here

Retrieved on: 
Friday, December 9, 2022

FREMONT, Calif., Dec. 9, 2022 /PRNewswire/ -- "Every time we love, every time we give, it's Christmas." This ethos is embodied by Jackery, a global provider of solar power solutions. The company celebrated its 10th Anniversary this year, with epic giveaways and record-breaking deals. But as a company that's founded on principles of giving back, it's not slowing down its generosity, heading straight into the holiday season with even more discounts.

Key Points: 
  • Jackery's Xmas Giveaway will bring warmth and care to everyone, with holiday buyers enjoying up To 1850z on selected Jackery products.
  • On facebook, Jackery is going to make people's wishes come true, hosting a social media campaign where they give 1 lucky followers SG1000, for free.
  • Jackery Explorer 2000 PRO officially launches on Amazon Poland on December 12, 2022:
    Jackery will be unveiling numerous deals in December.
  • The Jackery E500 Jackery's mid-capacity portable power station is perfect for backup power, road trips, RV-life, camping trips, and more.

Brookfield Announces Reset Dividend Rate on Its Series 30 and Series 48 Preference Shares

Retrieved on: 
Saturday, December 3, 2022

BROOKFIELD, NEWS, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 30 (“Series 30 Shares”) (TSX: BAM.PR.Z) for the five years commencing January 1, 2023 and ending December 31, 2027, and also determined the fixed dividend on its Cumulative Class A Preference Shares, Series 48 (“Series 48 Shares”) (TSX: BAM.PF.J) for the five years commencing January 1, 2023 and ending December 31, 2027. As previously disclosed, the Series 30 Shares and Series 48 Shares are expected to commence trading on the TSX under the updated symbols “BN.PR.Z” and “BN.PF.J”, respectively, on December 12, 2022.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 30 (Series 30 Shares) (TSX: BAM.PR.Z) for the five years commencing January 1, 2023 and ending December 31, 2027, and also determined the fixed dividend on its Cumulative Class A Preference Shares, Series 48 (Series 48 Shares) (TSX: BAM.PF.J) for the five years commencing January 1, 2023 and ending December 31, 2027.
  • Holders of Series 30 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 16, 2022, to convert all or part of their Series 30 Shares, on a one-for-one basis, into Cumulative Class A Preference Shares, Series 31 (the Series 31 Shares), effective December 31, 2022.
  • Holders of Series 30 Shares are not required to elect to convert all or any part of their Series 30 Shares into Series 31 Shares.
  • As provided in the share conditions of the Series 30 Shares, (i) if Brookfield determines that there would be fewer than 1,000,000 Series 30 Shares outstanding after December 31, 2022, all remaining Series 30 Shares will be automatically converted into Series 31 Shares on a one-for-one basis effective December 31, 2022; and (ii) if Brookfield determines that there would be fewer than 1,000,000 Series 31 Shares outstanding after December 31, 2022, no Series 30 Shares will be permitted to be converted into Series 31 Shares.