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Brown-Forman Announces New Chairman and Dividend Approval

Story Highlights
  • Brown-Forman held its Annual Meeting on July 24, 2025, confirming director elections and Ernst & Young LLP as the accounting firm.
  • Marshall B. Farrer was named Chairman, and a regular cash dividend was approved, highlighting strategic growth and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brown-Forman Announces New Chairman and Dividend Approval

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Brown Forman A ( ($BF.A) ) has shared an update.

On July 24, 2025, Brown-Forman Corporation held its Annual Meeting of Stockholders, where the election of directors and the ratification of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026 were confirmed. Marshall B. Farrer was named Chairman, succeeding Campbell P. Brown, and the Board approved a regular quarterly cash dividend, continuing the company’s long-standing tradition of dividend payments. These decisions reflect Brown-Forman’s commitment to strong corporate governance and strategic growth, emphasizing long-term success and resilience in a complex market environment.

Spark’s Take on BF.A Stock

According to Spark, TipRanks’ AI Analyst, BF.A is a Neutral.

Brown Forman A has a solid financial foundation with strong cash management and a healthy balance sheet, though it faces challenges in growth and profitability efficiency. Its valuation is reasonable, with a decent dividend yield adding appeal. Technical indicators suggest a mixed outlook, with some potential for improvement.

To see Spark’s full report on BF.A stock, click here.

More about Brown Forman A

Brown-Forman Corporation is a global leader in the spirits industry, known for building exceptional beverage alcohol brands for over 155 years. Headquartered in Louisville, Kentucky, the company offers a premium portfolio that includes Jack Daniel’s, Woodford Reserve, and Old Forester, among others, and operates in more than 170 countries with approximately 5,000 employees.

Average Trading Volume: 167,324

Technical Sentiment Signal: Sell

Current Market Cap: $14.62B

For an in-depth examination of BF.A stock, go to TipRanks’ Overview page.

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