08:37 AM EDT, 10/02/2025 (MT Newswires) -- 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.