Brookfield buys shares. (Brookfield Properties Corp.).Brookfield Properties Brookfield Properties Corporation TSX: BPO NYSE: BPO is a Toronto-based North American commercial real estate company. Brookfield Asset Management owns 50% of its outstanding common shares. Corporation announced that the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. accepted a notice of its intention to renew its normal course issuer bid for a one-year adj. 1. completing its life cycle within a year. Adj. 1. one-year - completing its life cycle within a year; "a border of annual flowering plants" annual phytology, botany - the branch of biology that studies plants period. Brookfield Brookfield. 1 Village (1990 pop. 18,876), Cook co., NE Ill., a residential suburb of Chicago; inc. 1893. The noted Chicago Zoological Park (Brookfield Zoo) is there. 2 City (1990 pop. 35,184), Waukesha co., SE Wis. stated that sometimes its common shares trade in price ranges that do not reflect their value. As a result, occasionally acquiring common shares represents an attractive investment. Brookfield may, during the coming year, purchase up to 8,049,330 common shares. On Sept. 10, 2002, there were 160,986,616 common shares issued and outstanding and 82,898,603 common shares in the public float. The price to be paid for the shares will be the market price at that time of purchase. All shares purchased by Brookfield under this bid will be promptly cancelled. As of Sept. 10, 2002, Brookfield has purchased 2,332,700 common shares at an average price of US$17.73 per share. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion