Brookfield Asset Management (BAM) Reports Q4 FFO of $1.13, Announces 3-for-1 Stock Split

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Go back to Brookfield Asset Management (BAM) Reports Q4 FFO of $1.13, Announces 3-for-1 Stock Split

Brookfield Asset Management Reports 2019 Net Income and FFO and Announces Three-for-Two Stock Split

February 13, 2020 6:55 AM EST

Net Income of $5.4 billion or $2.60 per shareFFO of $4.2 billion or $4.07 per share

BROOKFIELD NEWS, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) today announced financial results for the year ended December 31, 2019.

Bruce Flatt, CEO of Brookfield, stated, 2019 was a successful year on many fronts. Fundraising was excellent with more than $30 billion raised during the year and now over $50 billion raised for this round of flagship funds. We invested over $30 billion into new opportunities during the year but continue to... More