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Stock impact report

Partners Value Split Corp. Announces 2023 Annual Results [Financial Post (Toronto, Ontario, Canada)]

Brookfield Corporation Class A Limited Voting Shares (BN) 
Company Research Source: Financial Post
TORONTO, March 28, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $124.10 at December 31, 2023 (December 31, 2022 – $95.95). All amounts are in U.S. dollars. Income available for distribution for the year ended December 31, 2023 was $73 million, compared to $1.0 billion in the prior year. The decrease in income was primarily attributable to the absence of the one-time special distribution received by Brookfield Corporation (the “Corporation”) in the prior year. During the year ended December 31, 2023, the Company declared and paid dividends in the amount of $50 million (December 31, 2022 – $114 million) to the holders of its capital shares. Article content Article content The net comprehensive income in the period of $1.4 billion was primarily driven by unrealized mark-to-market movement on the share prices of the Corporation and Brookfiel Show less Read more
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