(Reuters) - Brookfield, an asset manager with interests in real estate and power generation, said it had a net profit of $195 million, or 46 cents a share, in the quarter ended March 31, up from a profit of $179 million, or 43 Canadian cents a share, in the same quarter last year.
The company's board of directors approved the stock split on May 1, which will give shareholders one-half of a Brookfield class A share for each class A and class B share held.
Read more at Reuters.com Market News
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