BROWN-FORMAN BOARD ANNOUNCES 2-FOR-1 STOCK SPLIT AND DECLARES CASH DIVIDEND
Louisville, KY, May 26, 2016 – The Brown-Forman Corporation (NYSE:BFA, BFB) Board of Directors approved a two-for-one stock split for all shares of Class A and Class B common stock to be paid in the form of a stock dividend. Paul Varga, the company’s Chief Executive Officer commented, “The recommended two-for-one stock split reflects the…