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Brown & Brown, Inc. announces 2025 second-quarter earnings release and conference call dates
Globenewswire· 2025-07-01 21:00
DAYTONA BEACH, Fla., July 01, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2025 second-quarter earnings on Monday, July 28, 2025, after the close of the market. On Tuesday, July 29, 2025, J. Powell Brown, Brown & Brown’s president and chief executive officer, and R. Andrew Watts, Brown & Brown’s executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's second-quarter 2025 financial results. You are ...
Brown & Brown, Inc. announces pricing of $4 billion offering of common stock
Globenewswire· 2025-06-11 03:19
Core Viewpoint - Brown & Brown, Inc. has announced a public offering of 39,215,686 shares of common stock at a price of $102.00 per share, totaling an aggregate offering amount of $4 billion, expected to close on June 12, 2025 [1][3] Group 1: Offering Details - The offering price is set at $102.00 per share, with an aggregate amount of $4 billion [1] - The underwriters have a 30-day option to purchase an additional $400 million in shares at the public offering price [1] - The expected net proceeds from the offering are approximately $3.9 billion after deducting underwriting discounts and expenses [3] Group 2: Use of Proceeds - The net proceeds will primarily fund a portion of the consideration for the acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. [3] - If the acquisition does not occur, the proceeds will be used for general corporate purposes [3] Group 3: Underwriters - J.P. Morgan and BofA Securities are the lead book running managers for the offering [2] - Additional book running managers include BMO Capital Markets and Truist Securities, with several co-managers involved [2] Group 4: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm with over 500 locations and a team of more than 17,000 professionals [6]