Brookfield infrastructure announces automatic purchase plans

Brookfield, news, june 30, 2022 (globe newswire) -- brookfield infrastructure partners l.p. (“bip”) (nyse: bip; tsx: bip.un) today announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker. brookfield infrastructure corporation (“bipc”) (nyse/tsx: bipc) also today announced that, in connection with its previously announced normal course issuer bid, it has entered into an automatic purchase plan with its designated broker. the automatic purchase plans, which have been pre-cleared by the toronto stock exchange, will allow for the purchase of bip's outstanding limited partnership units (the “lp units”) and bipc's outstanding class a exchangeable subordinate voting shares (the “exchangeable shares”), respectively, subject to certain trading parameters, at times when bip and bipc, as applicable, ordinarily would not be active in the market due to their own internal trading black-out periods, insider trading rules or otherwise. outside of these periods, lp units and exchangeable shares will be repurchased in accordance with management's discretion and in compliance with applicable law. the actual number of lp units and exchangeable shares purchased under the automatic plans, the timing of such purchases and the price at which lp units and exchangeable shares are purchased will depend upon future market conditions.
BIP Ratings Summary
BIP Quant Ranking