OMERS Administration Corp Reports 8.72% Stake in Brookfield Business Corporation

On April 10, 2026, OMERS Administration Corporation filed a Schedule 13G with the SEC, disclosing a significant new ownership position in Brookfield Business Corporation (BBU). As of the event date on March 27, 2026, the Canadian-based employee benefit plan administrator reported beneficial ownership of 18,059,043 Class A Subordinate Voting Shares. This holding represents approximately 8.72% of the company's outstanding shares. The filing indicates that OMERS holds sole voting and dispositive power over the entire reported amount. According to the certification provided in the document, these securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. This filing marks a substantial increase from a previously reported zero position, establishing OMERS as a major institutional shareholder in the New York-based corporation. The transaction reflects a market value of approximately $568 million based on the provided supplementary data.