Recent Updates — BBU

Brookfield Business Corporation reported third-quarter 2026 net income attributable to shareholders of $18 million ($0.09 per Class A share), compared to a $59 million loss in the prior year period. Adjusted EBITDA rose 3% to $594 million, driven by resilient cash flows across its Industrials and Business Services segments. The company generated approximately $1.4 billion in proceeds from asset sales and distributions year-to-date, including the recent sale of Multiplex for roughly $500 million. It also announced agreements to acquire Reliance Worldwide Corporation and closed purchases of World Freight Company and Gregg Distributors. The Board declared a quarterly dividend of $0.0625 per Class A Share, payable December 31, 2026 to shareholders of record as of November 30, 2026. Brookfield Business Corporation is a global owner and operator of vital industrial and business services operations.

Brookfield Business Corporation reported net income attributable to shareholders of $37 million ($0.18 per Class A Share) for Q2 2026, with Adjusted EBITDA of $587 million. The company announced the acquisition of a 25% stake in The OpenAI Deployment Company and a 30% interest in Gregg Distributors, alongside an agreement to sell Multiplex to Obayashi Corporation for approximately $650 million. Additionally, Brookfield declared a quarterly dividend of $0.0625 per Class A Share, payable September 29, 2026, to shareholders of record as of August 31, 2026. The company operates in the industrial and business services sector.