BROOKFIELD BUSINESS CORP SEC Filings

Brookfield Business Corporation provides its 2026 management information circular and notice of a virtual-only annual meeting on June 18, 2026, where shareholders will elect seven directors and re-appoint Deloitte LLP as external auditor.

The circular explains detailed online voting procedures for registered and non-registered shareholders and confirms Brookfield-related holders control approximately 92% of the voting power through Class A and Class B shares. It also highlights 2025 business activity, including generating over $2 billion from capital recycling, investing $700 million in four growth acquisitions, repurchasing $235 million of shares, and receiving $1 billion of U.S. manufacturing tax credits tied to advanced energy storage operations.

Royal Bank of Canada filed an Amendment No. 4 to Schedule 13G/A reporting beneficial ownership of 487,399 Limited Partnership Units of Brookfield Business Partners LP (0.55%). The filing discloses shared voting power and shared dispositive power of 487,399 and states the position is classified as "Ownership of 5 percent or less of a class." The cover shows 03/31/2026 and the amendment is signed on 05/14/2026.

Royal Bank of Canada filed an Amendment No. 4 to Schedule 13G/A reporting beneficial ownership of 487,399 Limited Partnership Units of Brookfield Business Partners LP (0.55%). The filing discloses shared voting power and shared dispositive power of 487,399 and states the position is classified as "Ownership of 5 percent or less of a class." The cover shows 03/31/2026 and the amendment is signed on 05/14/2026.

Brookfield Business Corporation filed an amendment to its Form F-10 shelf registration that registers up to US$1,500,000,000 of securities under a short form base shelf prospectus. The prospectus permits the issuance, from time to time during a 25-month period, of Class A Subordinate Voting Shares, Class A Preferred Shares and Subscription Receipts and also contemplates secondary sales by selling shareholders.

The offering may include primary issuances that would provide proceeds to the Corporation and secondary sales by selling shareholders; specific terms, proceeds treatment and offering amounts for any series will be set out in prospectus supplements. The Corporation states Class A Shares trade on the NYSE and TSX under BBUC, and discloses 207,007,465 Class A Shares outstanding as of March 31, 2026.

Brookfield Business Corporation reported unaudited results for the quarter ended March 31, 2026. Total revenue was $6,436 million, down from $6,749 million a year earlier, as business services revenues declined while industrials remained broadly stable. Net income was $216 million versus $256 million, with income attributable to Class A shareholders of $40 million, or $0.19 per share compared with $0.38.

Operating cash flow was strong at $765 million, supporting a rise in cash and cash equivalents to $4,524 million. Total assets reached $77,056 million, funded in part by $44,754 million of borrowings, largely non-recourse at subsidiaries. Adjusted earnings from operations (Adjusted EFO) attributable to shareholders were $279 million, led by the industrials segment. The quarter also reflects the new corporate structure following the March 27, 2026 arrangement that combined prior Brookfield Business entities into a single listed corporation.

Brookfield Business Corporation reported unaudited results for the quarter ended March 31, 2026. Total revenue was $6,436 million, down from $6,749 million a year earlier, as business services revenues declined while industrials remained broadly stable. Net income was $216 million versus $256 million, with income attributable to Class A shareholders of $40 million, or $0.19 per share compared with $0.38.

Operating cash flow was strong at $765 million, supporting a rise in cash and cash equivalents to $4,524 million. Total assets reached $77,056 million, funded in part by $44,754 million of borrowings, largely non-recourse at subsidiaries. Adjusted earnings from operations (Adjusted EFO) attributable to shareholders were $279 million, led by the industrials segment. The quarter also reflects the new corporate structure following the March 27, 2026 arrangement that combined prior Brookfield Business entities into a single listed corporation.

Brookfield Business Corporation reported first quarter 2026 revenue of $6.4 billion, slightly below last year, with net income attributable to shareholders of $40 million or $0.19 per Class A share, compared with $80 million or $0.38 a year earlier.

Adjusted EBITDA was $582 million versus $591 million, but management notes about 5% underlying growth after excluding acquisitions, dispositions and tax credits. Industrials and Business Services segments each grew Adjusted EBITDA by about 7% on this basis, while Infrastructure Services declined due to prior asset sales.

The quarter featured several strategic moves: Clarios received about $1 billion in U.S. cash tax credits tied to production and critical minerals activity, with similar annual credits expected through 2030; Brookfield agreed to sell a 27% interest in La Trobe Financial, realizing a 3x multiple and over 35% IRR; it committed $500 million to The OpenAI Deployment Company; and it closed the acquisition of Fosber.

Brookfield ended the quarter with $2 billion of liquidity, including $1.9 billion of undrawn credit facilities, and has deployed about $285 million toward share repurchases since early 2025. The board declared a quarterly dividend of $0.0625 per Class A share, payable June 30, 2026.

Brookfield Business Corporation reported first quarter 2026 revenue of $6.4 billion, slightly below last year, with net income attributable to shareholders of $40 million or $0.19 per Class A share, compared with $80 million or $0.38 a year earlier.

Adjusted EBITDA was $582 million versus $591 million, but management notes about 5% underlying growth after excluding acquisitions, dispositions and tax credits. Industrials and Business Services segments each grew Adjusted EBITDA by about 7% on this basis, while Infrastructure Services declined due to prior asset sales.

The quarter featured several strategic moves: Clarios received about $1 billion in U.S. cash tax credits tied to production and critical minerals activity, with similar annual credits expected through 2030; Brookfield agreed to sell a 27% interest in La Trobe Financial, realizing a 3x multiple and over 35% IRR; it committed $500 million to The OpenAI Deployment Company; and it closed the acquisition of Fosber.

Brookfield ended the quarter with $2 billion of liquidity, including $1.9 billion of undrawn credit facilities, and has deployed about $285 million toward share repurchases since early 2025. The board declared a quarterly dividend of $0.0625 per Class A share, payable June 30, 2026.

Brookfield Business Partners L.P. filed a Form 15 to suspend its reporting obligations under Section 15(d) of the Exchange Act after completing a court-approved plan of arrangement.

Under the Arrangement completed on March 27, 2026, BBU units and Old BBUC exchangeable shares were exchanged one-for-one for class A subordinated voting shares of the Corporation; BBU filed post-effective Form F-3 amendments to deregister its securities. The Form 15 was signed on April 13, 2026.

Brookfield Business Partners L.P. filed a Form 15 to suspend its reporting obligations under Section 15(d) of the Exchange Act after completing a court-approved plan of arrangement.

Under the Arrangement completed on March 27, 2026, BBU units and Old BBUC exchangeable shares were exchanged one-for-one for class A subordinated voting shares of the Corporation; BBU filed post-effective Form F-3 amendments to deregister its securities. The Form 15 was signed on April 13, 2026.

Brookfield Corporation and BAM Partners Trust amended their ownership filing for Brookfield Business Corp to reflect a large internal share transfer and updated voting arrangements. They report beneficial ownership of 142,749,301 Class A subordinate voting shares, or 69.0% of the 207,007,465 Class A shares outstanding as of March 31, 2026.

On April 8, 2026, a BN subsidiary transferred 32,991,863 Class A shares to a subsidiary of Brookfield Wealth Solutions Ltd. (BNT) at $30.3105 per share, for an aggregate purchase price of about $1,000,000,000, with BN receiving 18,344,438 class C non-voting BNT shares of equal value. The transfer price was based on the 5-day volume weighted average price as of April 7, 2026, net of an 8% discount. Additional Class A shares held by BNT subsidiaries are subject to a voting agreement requiring joint decisions with BN, and the reporting persons state there were no other Class A share transactions since March 31, 2026.

Brookfield Corporation and BAM Partners Trust amended their ownership filing for Brookfield Business Corp to reflect a large internal share transfer and updated voting arrangements. They report beneficial ownership of 142,749,301 Class A subordinate voting shares, or 69.0% of the 207,007,465 Class A shares outstanding as of March 31, 2026.

On April 8, 2026, a BN subsidiary transferred 32,991,863 Class A shares to a subsidiary of Brookfield Wealth Solutions Ltd. (BNT) at $30.3105 per share, for an aggregate purchase price of about $1,000,000,000, with BN receiving 18,344,438 class C non-voting BNT shares of equal value. The transfer price was based on the 5-day volume weighted average price as of April 7, 2026, net of an 8% discount. Additional Class A shares held by BNT subsidiaries are subject to a voting agreement requiring joint decisions with BN, and the reporting persons state there were no other Class A share transactions since March 31, 2026.

Brookfield Business Holdings Corp notified the New York Stock Exchange of removal of its Class A Exchangeable Subordinate Voting Shares from listing and registration under Section 12(b) of the Exchange Act. The Form 25 filing (Commission File No. 001-41313) is certified by the Exchange and signed by a NYSE Market Watch manager.

Brookfield Business Holdings Corporation files its Form 20-F for the year ended December 31, 2025, outlining operations under IFRS and a broad set of business, financial, regulatory and macroeconomic risks. The report explains a court-approved Arrangement completed in March 2026 that reorganized Brookfield Business Partners and Brookfield Business Holdings into a single publicly traded corporate entity, with Brookfield Business Corporation deemed the SEC successor issuer. As of December 31, 2025, the company had 69,077,731 Class A exchangeable subordinate voting shares, one Class B multiple voting share and 25,934,120 Class C non-voting shares outstanding, and describes exposure to leverage, inflation, cybersecurity, environmental regulation and climate-related transition and physical risks.