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Share capital
12 Months Ended
Dec. 31, 2024
Disclosure of classes of share capital [abstract]  
Share capital Share capital
On January 3, 2023, we issued 6 million of subordinate voting shares in connection with our acquisition of WillowTree (see Note 14(c)—Intangible assets and goodwill—Business acquisitions).
On December 20, 2023, BPEA converted 33 million multiple voting shares to an equal number of subordinate voting shares. After the conversion, BPEA held multiple voting shares and subordinate voting shares representing approximately 10.5% of combined voting power.
On February 22, 2024, a former related party converted 3 million multiple voting shares in exchange for an equal number of subordinate voting shares.
Our authorized and issued share capital as at December 31, 2024, was as follows:
AuthorizedIssued
As at December 31 (millions)202420232022202420232022
Preferred Sharesunlimitedunlimitedunlimited
Equity Shares
Multiple Voting Shares
unlimitedunlimitedunlimited164167200
Subordinate Voting Shares
unlimitedunlimitedunlimited11210767
As at December 31, 2024, there were 16 million authorized but unissued subordinate voting shares reserved for issuance under our share-based compensation plans, and 4 million authorized but unissued subordinate voting shares reserved for issuance under our employee share purchase plan.