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26.07.26 - 23:09
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Brown-Forman Board Issues Statement (Business Wire)
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced that its Board of Directors has received an unsolicited proposal from Sazerac to acquire Brown-Forman, and, taking into consideration Wolf Pen Branch, LP's view as noted below, has concluded that Sazerac's proposal is not actionable.
Wolf Pen Branch, LP, a collection of Brown family members representing the majority of Brown-Forman Class A shares, said, “As fourth-, fifth- and sixth-generation shareholders of Brown-Forman, we care deeply about the company – its brands, its people, and its culture. We are confident in the strength and competitive position of the business, and believe the company is well-positioned to deliver long-term value for all shareholders. We have concluded that Sazerac's proposal does not align with this vision for Brown-Forman's future.”
Marshall B. Farrer, Chairman of Brown‑Forman, said, “Brown-Forman's Board and leadership team are confident that the company will continue to...
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23.07.26 - 22:21
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Brown-Forman Stockholders Elect Directors (Business Wire)
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Board Approves Quarterly Cash DividendLOUISVILLE, Ky.--(BUSINESS WIRE)--Brown‑Forman Corporation (NYSE: BFA, BFB) stockholders convened today for their annual meeting, where they elected the slate of directors recommended by the Board of Directors, as submitted in the company's 2026 Proxy Statement. The stockholders also approved the compensation of the company's named executive officers on a non-binding advisory basis and ratified the selection of Ernst & Young LLP as Brown-Forman's independent registered public accounting firm for fiscal 2027.
In a subsequent meeting, the Board of Directors approved a regular quarterly cash dividend of $0.2310 per share on its Class A and Class B Common Stock. The dividend is payable on October 1, 2026, to stockholders of record on September 3, 2026. Brown-Forman, a member of the S&P 500 Dividend Aristocrats, has paid regular quarterly cash dividends for 82 consecutive years and has increased the regular cash dividend for 42 consecutive years.
“Brown-Forman's tr...
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13.07.26 - 22:45
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Brown-Forman Announces President & CEO Lawson Whiting to Retire (Business Wire)
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Board Initiates Search Process for Successor; Company Reiterates Fiscal 2027 OutlookLOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced Lawson Whiting has decided to retire from his role as President and Chief Executive Officer, effective upon the appointment of a successor. The Brown-Forman Board of Directors has initiated a search pursuant to its succession process that will consider internal and external candidates. The process will be led by the Corporate Governance and Nominating Committee, which is chaired by Tracy Skeans. Whiting will remain available to serve in an advisory capacity for a period of time following the appointment of a successor to ensure business continuity and support a smooth handover.
“On behalf of the Board and the Brown family, I want to thank Lawson for his nearly 30 years of dedication to Brown-Forman,” said Marshall B. Farrer, Chairman of Brown-Forman. “Lawson has been a steadfast steward of founder George Garvin Brown's vision...
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25.06.26 - 14:12
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Here Are Thursday′s Best Wall Street Analyst Research Calls: Brown-Forman, CoreWeave, Intel, JFrog, Keurig Dr. Pepper, Klarna Group, Qualcomm, Shift 4 Payments, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading higher this morning, after all the big funds and portfolio managers may have shown their hands on Wednesday, as the tech and chip stocks sell-off resumed after stocks started higher in the morning but faded in the afternoon. The tech sell-off came before Micron Technology (NASDAQ: MU) posted huge ... Here Are Thursday's Best Wall Street Analyst Research Calls: Brown-Forman, CoreWeave, Intel, JFrog, Keurig Dr. Pepper, Klarna Group, Qualcomm, Shift 4 Payments, and More...
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05.06.26 - 00:18
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Brown-Forman Corp. Q4 Income Falls (AFX)
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WASHINGTON (dpa-AFX) - Brown-Forman Corp. (BFA) reported a profit for fourth quarter that Dropped, from the same period last yearThe company's bottom line came in at $54 million, or $0.12 per shar......
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