Brookfield Infrastructure (BIP) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Brookfield Infrastructure has announced the approval and imminent implementation of its reorganization plan, set to take effect before December 24, 2024. This reorganization involves BIPC shareholders receiving new exchangeable shares that maintain the same economic and governance benefits. The new shares will be traded on both the Toronto Stock Exchange and New York Stock Exchange.
For further insights into BIP stock, check out TipRanks’ Stock Analysis page.