1. When does Brookfield Homes' fiscal year and quarters end?
Year End - December 31
Q1 - March 31
Q2 - June 30
Q3 - September 30
2. When does Brookfield Homes release quarterly financial results?
Year End - February
Q1 - May
Q2 - August
Q3 - November
3. How do I purchase stock in Brookfield Homes?
You need to contact a licensed stockbroker to purchase shares in the company.
4. Does Brookfield Homes have a mailing list for financial information?
Brookfield Homes mails annual reports to shareholders. Also, for your convenience, the Investor Relations Department makes recent financial statements and all press releases available on our website. Financial reports are also available for viewing through Edgar under the Securities and Exchange Commission website at
www.sec.gov
To add your name to our IR mailing list, you can fill out the IR Feedback / Request form under the Investor Relations page.
5. Who should I contact for inquiries regarding my stock certificates, change of mailing address or change of title on the stock?
BNY Mellon Shareowner Services
P.O. Box 358015
Pittsburgh, PA 15252
or
480 Washington Boulevard
Jersey City, NJ 07310-1900
Tel: 201-680-6578
Toll Free in North America: 800-522-6645
Website: www.bnymellon.com/shareowner/isd
E-mail: shrrelations@melloninvestor.com
6. Where can I find a history of Brookfield Homes' common stock closing price?
There are many internet sites for this type of financial data, including:
In leaving the Brookfield Homes' site, please note that Brookfield Homes assumes no responsibility for the contents of these or any other site. Access is provided for convenience purposes only.
7. What is Brookfield Homes' SIC Code?
Brookfield Homes' is listed under SIC Code #1520.
8. What is Brookfield Homes' CUSIP number?
Brookfield Homes' common stock CUSIP number is 112723-10-1.
Brookfield Homes' 8% Convertible Preferred Stock, Series A, CUSIP number is 112723-200.
9. What year was Brookfield Homes incorporated and in what state?
Brookfield Homes was incorporated in Delaware in 2002, and was listed on the NYSE in January 2003. Prior to that time, the company operated as a wholly-owned subsidiary of Brookfield Properties Corporation.
10. How many employees does Brookfield Homes have?
At December 31, 2008, Brookfield Homes had 379 employees.
11. How many shares are outstanding?
As of June 30, 2009, approximately 26.8 million common shares were outstanding.
As of June 30, 2009, 10.0 million shares of convertible preferred stock were outstanding, which were convertible into 35.7 million common shares.
12. What is the primary focus of Brookfield Homes?
Brookfield Homes is a land developer and homebuilder. We entitle and develop land for our own communities and sell lots to third parties. We also design, construct and market single-family and multi-family homes primarily to move-up and luxury homebuyers.
13. What are the geographic markets in which Brookfield Homes' operates?
Brookfield Homes currently operates in the following market areas:
14. Who is Brookfield Homes' independent auditor?
Brookfield Homes' independent accountant is Deloitte & Touche LLP.
15. How many shares of common stock will I receive if I convert my shares of convertible preferred stock?
Preferred stock may be converted into common stock at any time. Each share of preferred stock will initially be convertible into 3.571428571 shares of common stock, which is equivalent to a conversion price of $7.00 per share, subject to adjustment upon the occurrence of certain events. If, upon conversion of the convertible preferred stock, a holder would be entitled to receive a fractional interest in a share of our common stock, we will, upon conversion, pay in lieu of such fractional interest, cash in an amount determined under the terms of the convertible preferred stock.
16. Will I receive dividends on shares of convertible preferred stock, and when will I receive them?
Yes. Holders of shares of convertible preferred stock will be entitled to receive, when, as and if declared by the board of directors out of funds legally available for such purpose, dividends per year at the per share rate of 8% of the $25.00 stated value of each share of convertible preferred stock, or $2.00 per year. The stated value of the shares is subject to adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the convertible preferred stock. Dividends on the convertible preferred stock will be fully cumulative, will accumulate without interest from the date of original issuance of the convertible preferred stock and will be payable semi-annually in arrears in, at our election, cash, shares of common stock or a combination of cash and shares of common stock, on the last calendar day of each June and December, commencing on the last calendar day of the first June or December following the date of original issuance of the convertible preferred stock.
17. If I convert my shares of convertible preferred stock, will I receive any payment for declared and unpaid dividends on the shares of convertible preferred stock?
Yes. Upon conversion of convertible preferred stock, we will pay to the holder of the convertible preferred stock being converted an amount equal to all declared and unpaid dividends on the shares of convertible preferred stock being converted. At our election, we may make those payments in cash, shares of common stock or a combination of cash and shares of common stock.
18. Can I redeem the convertible preferred stock?
No. The convertible preferred stock will not be redeemable at the option of either you or our company.
19. What is the maturity of the preferred stock?
The convertible preferred stock is perpetual, and therefore does not have a maturity date. However, beginning June 30, 2014, if the 90-day volume weighted average closing price in trading of our common stock on the New York Stock Exchange (or any other national securities exchange or other market on which our common stock is then traded or quoted) immediately prior to the determination date exceeds $14.00 per share (as adjusted to reflect any stock dividend, split, combination or other similar recapitalization of our common stock), we may, at our option, require that all then outstanding shares of convertible preferred stock be automatically converted into shares of common stock.