Brookfield Infrastructure (TSE:BIPC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Brookfield Infrastructure Corporation is proposing a reorganization plan to maintain its existing benefits amid proposed Canadian tax changes. Shareholders are invited to a virtual meeting on December 3, 2024, to vote on the arrangement, which aims to preserve the company’s structure and investor base while ensuring continued access to their diversified portfolio. The plan is expected to be tax-deferred for most shareholders and will result in the listing of new shares equivalent to current holdings.
For further insights into TSE:BIPC stock, check out TipRanks’ Stock Analysis page.
