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Brookfield Asset Management Inc. (BAM-A.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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60.19-0.17 (-0.28%)
As of 12:12PM EDT. Market open.
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  • E
    Edward
    On June 28, 2021, the holders of Brookfield’s class A and class B limited voting shares of record as of June 18, 2021 will be entitled to receive one class A exchangeable limited voting share (an “exchangeable share”...BAMR) for every 145 Brookfield class A and class B limited voting shares held (each, a “Brookfield Share”).

    (special dividend of shares of Brookfield Asset Management Reinsurance Partners Ltd. (“Brookfield Reinsurance”).)

    So....if I read this right.....it appears you'll get approximately 6.9 shares of BAM Reinsurance (BAMR) for every 1,000 shares of BAM you own. But, Brookfield’s shareholders will receive a cash payment in lieu of any fractional interests in an exchangeable share. So if you own only 1,000 shares, you'll get 6 shares of BAMR and some cash for the balance. And maybe a charge by your broker for handling this.
  • h
    humza
    Brought my first shares in BAM today, I like the way management think long term and their capital allocation
    Bullish
  • M
    Matt
    Currently BAM and Microsoft are 20% each of my portfolio. I was in the process of reducing both positions (by adding to my investments not by selling) and diversifying. After this ER, and after reviewing the BAM portfolio, I will be adding to maintain BAM as my largest position with 20% allocation. Fantastic fantastic stock, strategy, diversification in real assets and dividend to boot.
    Bullish
  • D
    Daan
    To the people who think $BEP/$BEPC or $BIP/$BIPC is better than $BAM because of last year stock perfomance: In the end BAM will outperform all its subsidiaries. You know why? Because BAM controls all of them, it sells when the market is exuberant and buys back in when there is value again.

    Plus, BAM has a huge private market exposure. You dont a piece of that with the publicly traded subisidiaries of BAM.
  • M
    Matthew
    BAM is a great core holding type stock.
    Bullish
  • a
    astroboy
    BAM is my entire TFSA...please do well going forward! lol
    Bullish
  • n
    no name
    Bought some @59.77 early morning in TSFA, order was 59.9 no complaints . Sit back and see it grows
  • L
    Louis
    So BAM has bought back about 8M shares so far and still have 125M shares to go. Hope they will keep buying back shares.
  • L
    Louis
    It reached $60 mark today! There is so much potential with this company. I can only see the price going up more.
  • M
    Matteo
    Applied to work with them in Calgary. Got rejected. Thanks for getting me paid anyways
    Bullish
  • J
    Jigar
    Massively underrated stock..
    Bullish
  • L
    Louis
    I am surprised that BAM didn't jump by 5% with the stellar ER.
  • R
    Ruth
    Have they announced a stick split yet? usually at around $60 Canadian they split 3 for 2.
  • S
    Sheepdip
    I only own 100 Shares . boooohooo. Bought at 42 CDN. never let me sell this thing until I retire.
  • J
    John # 2
    I own several Brookfield investments now. If you want some fun reading look at how wild each of the subsidiaries are. Brookfield is like a pooled pension fund! Smart company and well managed :)
    Bullish
  • E
    Eric
    Where’s the bearish Danny😂😂 Told you
    Bullish
  • C
    C
    Baaaaam, peanut butter and jaaaaam boys!
  • M
    MeekPeezy
    Bruce Flatt you're a genius
  • J
    John # 2
    BAM 💥 :)
  • P
    Paul
    When is re-insurance spin, any new news/updates?