(RTTNews) - Brown & Brown, Inc. (BRO), an insurance brokerage firm, Thursday announced that it has entered into an accelerated share repurchase program or ASR with Bank of America, N.A. for $250 million of its common stock.
This ASR is part of the company's $1.5 billion share buyback program that was announced on October 22, 2025.
In pre-market activity, BRO shares were trading at $70, up 4.45% on the New York Stock Exchange.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.