Last C$46.90 CAD
Change Today -0.07 / -0.15%
Volume 436.3K
BAM/A On Other Exchanges
Symbol
Exchange
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As of 4:00 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

brookfield asset manage-cl a (BAM/A) Snapshot

Open
C$47.13
Previous Close
C$46.97
Day High
C$47.25
Day Low
C$46.76
52 Week High
05/26/14 - C$48.79
52 Week Low
08/28/13 - C$35.35
Market Cap
29.4B
Average Volume 10 Days
948.3K
EPS TTM
C$3.42
Shares Outstanding
627.1M
EX-Date
05/28/14
P/E TM
12.8x
Dividend
C$0.65
Dividend Yield
1.51%
Current Stock Chart for BROOKFIELD ASSET MANAGE-CL A (BAM/A)

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brookfield asset manage-cl a (BAM/A) Details

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Its property business include owning and managing office properties, developing master planned residential communities, and offering clients bridge and mezzanine lending; alternative assets funds; and financial and advisory services. Through its power generation business the firm operates hydroelectric power facilities, interconnections and transmission facilities in Northeast North America, and development of wind power in Canada. Through its funds and private capital business the firm invests in specialty funds including private equity and makes direct investments in real estate, energy, and resource assets. It also makes investments in privately held investment management and equity and fixed income mutual funds. The firm was formerly known as Brascan Corp. Brookfield Asset Management is based in Toronto, Canada with additional offices across North America, South America, Europe, Asia, and Australia.

28,000 Employees
Last Reported Date: 03/31/14

brookfield asset manage-cl a (BAM/A) Top Compensated Officers

Chief Executive Officer, Senior Managing Part...
Total Annual Compensation: $500.0K
Chief Financial Officer and Senior Managing P...
Total Annual Compensation: $485.7K
Senior Managing Partner and Chairman of Brasc...
Total Annual Compensation: $485.7K
Co-Head of Infrastructure Activities and Seni...
Total Annual Compensation: $485.7K
Senior Managing Partner and Director
Total Annual Compensation: $485.7K
Compensation as of Fiscal Year 2013.

brookfield asset manage-cl a (BAM/A) Key Developments

Brookfield Asset Management Inc Announces Preferred Dividend, Payable on July 12, 2014

Brookfield Asset Management Inc. announced dividend on Cl A Pr of $0.0625. The dividend is payable on July 12, 2014 and the record date is June 30, 2014.

Brookfield Asset Management Is In Exclusive Talks To Buy A Portfolio Of Apartments For $1.1 Billion

Property Week understands that Brookfield Asset Management Inc. (TSX:BAM.A) is in exclusive talks to buy a portfolio of nearly 4,000 New York apartments built for middle income families from a joint venture backed by Federal National Mortgage Association (OTCBB:FNMA) for almost $1.1 billion. It is understood that an outright sale of the portfolio to a Brookfield fund has now been agreed, and investors and Fannie Mae will be repaid in full. The deal is expected to complete within July 2014. The price is understood to be around $1.05 billion and a new lender is already in place for the portfolio. All parties declined to comment.

Champion Stakeholders LLC Announces an Amended Statement of Claim in the Class Action against Brookfield Asset Management Inc., Brookfield Special Situations Ltd. and Hammerstone Corporation

Champion Stakeholders LLC announced an Amended Statement of Claim in the class action against Brookfield Asset Management Inc., Brookfield Special Situations Ltd. and Hammerstone Corporation was filed on the 27 May, 2014, file number 1401-05797, in Calgary in the Court of Queen's Bench of Alberta. The Amended Statement of Claim appoints Mr. Lanny K. McDonald as the representative plaintiff. The amended Statement of Claim alleges that the defendants acted in a manner that was oppressive, unfairly prejudicial to, and unfairly disregarded the interests of the Birch Mountain Resources Ltd. common shareholders. The assets of a junior public company, Birch Mountain, worth an appraised $1.6 billion dollars by AMEC, dated August 01, 2006 prepared in accordance with National Instrument 43-101 were transferred to a private company, 1439442, for a cash outlay of less than $50 million dollars as stated in the Amended Statement of Claim. The action is based on the oppression remedy as well as the good faith doctrine and the tort of negligent misrepresentation. The Amended Statement of Claim alleges that: Brookfield and Tricap, usurped shareholders rights and debenture holder rights. Brookfield and Tricap contrived a default to put Birch Mountain into receivership. Brookfield director, James Pattison owner of Great Pacific Capital Corp, received a preferential deal as compensation for his unsecured subordinate convertible debenture shares usurping other subordinate convertible debenture shareholders. Brookfield and Tricap via the PwC receiver's report omitted informing the Receivership Court of the value of the asset and therefore were able to acquire the $1.6 billion asset for undervalue. Brookfield and Tricap via the PwC receiver's report omitted informing the receivership court of the third quarter and cash flow break even position of Birch Mountain. The allegations in the lawsuit have not yet been proven in court.

 

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BAM/A

Industry Average

Valuation BAM/A Industry Range
Price/Earnings 13.0x
Price/Sales 1.3x
Price/Book 1.5x
Price/Cash Flow 7.3x
TEV/Sales NM Not Meaningful
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