BF.B

Brown-Forman Corporation Class B shares represent the same underlying company as Class A shares but carry voting rights, while Class A shares (BF.A) are non-voting. Brown-Forman is a leading American spirits and wine company owning iconic brands including Jack Daniel's, Woodford Reserve, and Old Forester. The Brown family controls the company through ownership of Class B shares representing superior voting power, enabling long-term strategic focus and preservation of company culture. This dual-class structure has allowed the founding family to maintain control for over 150 years while accessing public equity markets. Both share classes receive identical dividend payments and economic rights, differing only in voting power. Brown-Forman's business focuses on premium spirits production, marketing, and distribution across more than 170 countries. The company benefits from strong brand equity, premiumization trends, and international expansion opportunities. Class B shares typically trade at similar prices to Class A shares since voting control is concentrated with insiders. Investors in either class gain exposure to Brown-Forman's portfolio of heritage spirits brands and global distribution platform.