Brookfield Corporation (TSE:BN) has released an update.
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Brookfield Corporation reported record-breaking financial results for the third quarter, with a 19% increase in distributable earnings before realizations, reaching $1.3 billion or $0.80 per share. The company capitalized on improving capital markets with $17 billion in monetizations and $20 billion in new investments, while also repurchasing $1 billion of its shares over the last year. With strong earnings growth from its asset management and wealth solutions businesses, Brookfield is well-positioned for continued success.
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