Brown-Forman Corporation 8-K Report: Key Insights on Stocks & Long-term Debt

$BF-B
Form 8-K
Filed on: 2025-01-14
Source
Brown-Forman Corporation 8-K Report: Key Insights on Stocks & Long-term Debt

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Information:
  • Name: Brown-Forman Corporation
  • CIK: 0000014693
  • Location: 850 Dixie Highway, Louisville, KY 40210
  • Contact: (502) 585-1100
  1. Filing Details:
  • Filing Type: 8-K
  • Filing Date: January 13, 2025
  • SEC File Number: 001-00123
  • IRS Employer Identification Number: 61-0143150
  1. Stock Information:
  • Class A Common Stock:
    • Par Value: $0.15
    • Ticker Symbol: BFA (NYSE)
  • Class B Common Stock:
    • Par Value: $0.15
    • Ticker Symbol: BFB (NYSE)
  1. Long-term Debt:
  • Debt Instruments:
    • 1.200% Notes due in 2026 (Ticker: BF26, NYSE)
    • 2.600% Notes due in 2028 (Ticker: BF28, NYSE)
  1. Contextual Period:
  • The financial figures are reported for the period starting and ending on January 13, 2025.
  1. Stock Classification:
  • The report indicates a distinction between voting (Class A) and non-voting (Class B) common stock.
  1. Long-term Debt Types:
  • The company has categorized its long-term debt into specific members, including:
    • One Point Two Percent Notes due in Fiscal 2027
    • Two Point Six Percent Notes due in Fiscal 2029

Summary Insights:

  • Brown-Forman Corporation is publicly traded with different classes of common stock and has specific long-term debt obligations. The filing relates to a significant date, possibly indicating an important corporate event or update. The classification of stock indicates governance structures (voting vs. non-voting), which can be relevant for shareholder rights and company control. The company appears to be actively managing its debt with specific maturities noted.