Brookfield Infrastructure Eyes Early Share Redemption

Brookfield Infrastructure (TSE:BIPC) has released an update.

Brookfield Infrastructure’s subsidiary, BIP Investment Corporation, is set to hold a virtual meeting on November 27, 2024, to seek approval for the early redemption of its senior preferred shares at an enhanced price of C$26.75 per share. If approved, the redemption will be accompanied by a quarterly dividend payout, offering an attractive opportunity for investors. This move could impact Brookfield’s financial strategy and is of interest to those watching infrastructure investment trends.

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