Brookfield Business Corporation Files 2025 Annual Report and Commences Trading of New Class A Shares

BBUC
March 31, 2026

Brookfield Business Corporation (NYSE: BBUC) filed its 2025 annual report on Form 20‑F with the U.S. Securities and Exchange Commission on March 30 2026. The filing contains audited financial statements for the year ended December 31 2025 and is available on the company’s investor‑relations website, the SEC’s EDGAR system, and SEDAR+ for Canadian investors.

The filing follows the completion of a corporate simplification that exchanged all outstanding limited‑partnership units and exchangeable shares for newly issued Class A subordinate voting shares on a one‑for‑one basis. The new Class A shares began trading under the symbol “BBUC” on the New York Stock Exchange and the Toronto Stock Exchange on March 31 2026, replacing the former partnership‑unit structure and improving index inclusion and liquidity for shareholders.

Brookfield Business Corporation is the flagship vehicle of Brookfield Asset Management’s Private Equity Group, which manages more than $1 trillion in assets. The simplification aligns the company’s capital structure with its global investment strategy and positions it for broader access to institutional investors worldwide.

Analysts have noted concerns about the company’s declining revenue, high leverage, and negative equity, reflecting the financial challenges highlighted in the filing. These concerns underscore the importance of the annual report for assessing the company’s future prospects and capital‑structure strategy.

The 2025 annual report is the most recent public disclosure from Brookfield Business Corporation as of March 31 2026, providing investors with a comprehensive view of the company’s financial performance, management discussion, and outlook for the coming year.

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