Edition:
India

Brown-Forman Corp (BFb.N)

BFb.N on New York Stock Exchange

58.66USD
1:30am IST
Change (% chg)

$0.31 (+0.53%)
Prev Close
$58.35
Open
$57.92
Day's High
$58.74
Day's Low
$57.92
Volume
74,945
Avg. Vol
308,371
52-wk High
$59.71
52-wk Low
$43.72

Latest Key Developments (Source: Significant Developments)

BROWN-FORMAN INCREASES CASH DIVIDEND BY 8.2 PERCENT
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Brown-Forman Corp ::BROWN-FORMAN INCREASES CASH DIVIDEND 8.2%.BROWN-FORMAN CORP - ‍INCREASED QUARTERLY CASH DIVIDEND ON ITS CLASS A AND CLASS B COMMON STOCK BY 8.2% TO 19 3/4 CENTS PER SHARE​.  Full Article

Brown-Forman says ‍on Nov 10, co, units entered into amended & restated 5-year credit agreement ​
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Brown-Forman Corp ::Brown-Forman says ‍on Nov 10, co, units entered into amended & restated 5-year credit agreement dated as of such date with certain lenders - SEC filing​.Brown-Forman Corp - ‍credit agreement amends and restates in its entirety company's existing five-year credit agreement dated as of November 18, 2011​.Brown-Forman Corp - credit agreement provides an $800 million, five-year unsecured revolving credit commitment‍​.  Full Article

Brown-Forman stockholders approve increase in Class A shares to implement stock split
Thursday, 28 Jul 2016 

Brown-forman Corp : Forman stockholders approve increase in Class A shares to implement stock split .To increase number of authorized shares of company's Class A common stock from 85 million to 170 million..  Full Article

Brown-Forman priced offering of EUR 300 mln aggregate principal amount of 1.200% notes due 2026
Thursday, 7 Jul 2016 

Brown : Forman - on june 30, also priced offering of £300 million aggregate principal amount of 2.600% notes due 2028 .Forman - on june 30, priced offering of eur 300 million aggregate principal amount of 1.200% notes due 2026.  Full Article

Brown-Forman CEO's FY 2016 total compensation was $9.6 mln vs $11.02 mln in 2015 - SEC Filing
Wednesday, 29 Jun 2016 

Brown-forman Corp :Forman Corp CEO Paul Varga's FY 2016 total compensation $9.6 million versus $11.02 million in FY 2015 - SEC Filing.  Full Article

Brown-Forman Q4 earnings per share $2.60
Wednesday, 8 Jun 2016 

Brown-forman Corp : Sees fiscal year 2017 underlying net sales growth of 4% to 6% . FY 2017 earnings per share view $3.58, revenue view $3.92 billion -- Thomson Reuters I/B/E/S . FY earnings per share outlook includes expected foreign exchange headwinds of $0.07 given current spot rates, as well as lower distributor inventory levels . Reports fiscal 2016 results; expects continued underlying growth in fiscal 2017 . Q4 earnings per share $2.60 . Q4 earnings per share view $0.72 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $3.42 to $3.62 including items .Q4 sales $933 million versus i/b/e/s view $899 million.  Full Article

Brown-Forman announces stock split, div of $0.34 per share
Friday, 27 May 2016 

Brown-Forman Corp : Board announces 2-for-1 stock split and declares cash dividend . Approved a regular quarterly cash dividend of 34 cents per share on its Class A and Class B common stock. . If approved, record date for stock split is anticipated to be on or about august 8, 2016 . Class A stockholders will be asked to approve increase in number of authorized shares of class a common stock from 85 million -170 million .Number of authorized shares of Class B common stock does not need to be increased in order to effectuate stock split.  Full Article

Brown-Forman Corp enters into a 364-day credit agreement
Saturday, 7 May 2016 

Brown-Forman Corp : Brown-Forman Corp says on May 6, 2016, co entered into a 364-day credit agreement . Brown-Forman Corp - new credit agreement is in addition to Brown-Forman's existing $800 million five-year credit agreement dated November 18, 2011 .Brown-Forman Corp - credit agreement provides a $400 million 364-day revolving credit commitment - sec filing.  Full Article

Brown-Forman Corp gives FY 2016 outlook
Wednesday, 2 Mar 2016 

Brown-Forman Corp:Expects about 5 pct. growth in underlying net sales in FY 2016.Expects 7 pct. to 9 pct. growth in underlying operating income in FY 2016.Expects FY 2016 diluted earnings per share of $3.32 to $3.42 in fiscal 2016, excluding the approximate $483 million gain on sale from Southern Comfort.  Full Article

Brown-Forman says new share repurchase authorization
Friday, 29 Jan 2016 

Brown-Forman Corp:Approves a new $1 billion share repurchase authorization, commencing April 1, 2016 through March 31, 2017.  Full Article

BRIEF-BROWN-FORMAN INCREASES CASH DIVIDEND BY 8.2 PERCENT

* BROWN-FORMAN CORP - ‍INCREASED QUARTERLY CASH DIVIDEND ON ITS CLASS A AND CLASS B COMMON STOCK BY 8.2% TO 19 3/4 CENTS PER SHARE​ Source text for Eikon: Further company coverage: