Brookfield Business Corporation's stock saw an uptick today following the announcement that Brookfield Infrastructure Partners and Brookfield Infrastructure Corporation have received approval from the Toronto Stock Exchange to renew their normal course issuer bids. This renewal allows them to repurchase a significant portion of their outstanding units and shares, which is often perceived positively by inves
Brookfield Business Corporation (BBUC) shares are experiencing an uptick today, likely influenced by the broader market reaction to Brookfield Asset Management's decision to withdraw its $6.8 billion offer to acquire Grifols SA. The announcement, made on November 27, 2024, indicated that the Grifols board rejected the offer, leading Brookfield to step back after conducting extensive due diligence. This move