Brown-Forman (BF.A, BF.B) said Thursday the board has authorized a $400 million stock buyback plan, starting Oct. 1, 2025, through Oct. 1, 2026.
The company can buy back Class A and Class B common shares for cash in open market purchases and block transactions, it said.
Brown-Forman shares were up over 2.5% in recent Thursday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.