Brookfield Asset Management Files 6-K Report

Ticker: BAM · Form: 6-K · Filed: 2025-01-10T00:00:00.000Z

Sentiment: neutral

Topics: regulatory-filing, press-release

TL;DR

Brookfield Asset Management filed a 6-K on Jan 10, 2025, with a press release from Jan 9. Check it for updates.

AI Summary

Brookfield Asset Management Ltd. filed a Form 6-K on January 10, 2025, reporting information for the month of January 2025. The filing includes a press release dated January 9, 2025, as Exhibit 99.1. The company is incorporated in Bermuda and has its principal executive offices in New York, NY.

Why It Matters

This filing provides an update on Brookfield Asset Management's regulatory disclosures, including a press release, which may contain material information for investors.

Risk Assessment

Risk Level: low — This is a routine filing (6-K) that primarily serves to submit a press release and does not appear to contain significant new financial or operational disclosures.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is filed by foreign private issuers to report information which the issuer has made or is required to make public pursuant to the laws of the issuer's home country or jurisdiction or a foreign stock exchange, or that it has distributed or is required to distribute to its security holders.

What specific exhibit is included with this 6-K filing?

Exhibit 99.1, a Press Release dated January 9, 2025, is included with this filing.

When was this Form 6-K filed with the SEC?

This Form 6-K was filed on January 10, 2025.

What is the principal executive office address for Brookfield Asset Management Ltd.?

The principal executive offices are located at Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221.

Which annual report form does Brookfield Asset Management Ltd. indicate it files?

Brookfield Asset Management Ltd. indicates it files under cover of Form 40-F.

From the Filing

0001193125-25-004048.txt : 20250110 0001193125-25-004048.hdr.sgml : 20250110 20250110063052 ACCESSION NUMBER: 0001193125-25-004048 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250110 FILED AS OF DATE: 20250110 DATE AS OF CHANGE: 20250110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Brookfield Asset Management Ltd. CENTRAL INDEX KEY: 0001937926 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41563 FILM NUMBER: 25520263 BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE STREET 2: 250 VESEY STREET, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10281-0221 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE STREET 2: 250 VESEY STREET, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10281-0221 6-K 1 d915241d6k.htm 6-K 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of: January 2025 Commission File Number: 001-41563 BROOKFIELD ASSET MANAGEMENT LTD. (Name of Registrant) Brookfield Place 250 Vesey Street, 15th Floor New York, NY 10281-0221 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☐   Form 40-F ☒ EXHIBIT INDEX Exhibit Description of Exhibit 99.1 Press Release dated January 9, 2025 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BROOKFIELD ASSET MANAGEMENT LTD. Date: January 10, 2025 By: /s/ Kathy Sarpash Name: Kathy Sarpash Title:  Managing Director, Legal & Regulatory EX-99.1 2 d915241dex991.htm EX-99.1 EX-99.1 EXHIBIT 99.1 Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid NEW YORK, BROOKFIELD, NEWS, January 9 2025 – Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“Brookfield Asset Management”) today announced it has received the requisite approval for the renewal of its normal course issuer bid providing the option to purchase up to 37,123,295 Class A Limited Voting Shares (“Class A Shares”), representing approximately 10% of the public float of Brookfield Asset Management’s outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the New York Stock Exchange (“NYSE”), Toronto Stock Exchange (“TSX”), and/or alternative trading systems. The period of the normal course issuer bid will extend from January 13, 2025 to January 12, 2026, or an earlier date should Brookfield Asset Management complete its purchases. Brookfield Asset Management will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted. As at December 31, 2024, the number of Class A Shares issued and outstanding totaled 443,135,746 of which 371,232,957 shares represented the public float. The maximum daily purchase on the TSX under this bid will be 251,030 Class A Shares, which is 25% of 1,004,122 (the average daily trading volume for Class A Shares on the TSX for the six-months ended December 31, 2024). Of the 34,605,494 Class A Shares approved for purchase under Brookfield Asset Management’s prior normal course issuer bid that commenced on January 11, 2024 and will expire on January 10, 2025, Brookfield Asset Management has not made any purchases of its Class A Shares as of January 6, 2025. Brookfield Asset Management is renewing its normal course issuer bid to retain the option to acquire its Class A Shares where this aligns with its investment and capital allocation st

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