Brown-Forman Board Increases Share Repurchase Authorization by $1 Billion
Louisville, KY, March 25, 2015 – Brown-Forman Corporation (NYSE: BFB, BFA) announced that its Board of Directors has approved a $1 billion increase to its share repurchase authorization and extended it through March 24, 2016, subject to market and other conditions. The existing buyback authorization had $108 million remaining as of market close on March…