Brookfield Business Corporation Announces Renewal of Normal Course Issuer Bid

BROOKFIELD, News, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC) today announced that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by Brookfield Business Corporation of its intention to renew its normal course issuer bid for its class A subordinate voting shares (“Shares”). Brookfield Business Corporation believes that the Shares may from time to time trade in a price range that does not fully reflect their value and that, in such circumstances, the acquisition of Shares may represent an attractive use of available funds.

At the close of business on August 7, 2026, there were 205,442,014 Shares issued and outstanding. Brookfield Business Corporation is authorized to purchase up to 10,272,100 Shares, representing up to 5% of the issued and outstanding Shares at the close of business on August 7, 2026. Under Brookfield Business Corporation’s normal course issuer bid, it may purchase up to 33,379 Shares on the TSX during any trading day, which represents 25% of the average daily trading volume of 133,517 Shares on the TSX for the period from March 31, 2026 to July 31, 2026.