Welcome to our dedicated page for Brunswick news (Ticker: BC), a resource for investors and traders seeking the latest updates and insights on Brunswick stock.
Brunswick Corporation (NYSE: BC) delivers innovative marine propulsion systems, fitness solutions, and recreational products through its portfolio of 60+ industry-leading brands. This news hub provides investors and industry professionals with comprehensive updates on corporate developments across all business segments.
Access timely reports on earnings announcements, product innovations like Mercury Marine technologies, and strategic partnerships. Our curated collection features press releases covering sustainability initiatives, manufacturing expansions, and market leadership in marine recreation.
Stay informed about BC's operational milestones through verified updates on boat manufacturing advancements, connected fitness solutions, and billiards industry developments. All content undergoes rigorous fact-checking to ensure compliance with financial reporting standards.
Bookmark this page for direct access to Brunswick's latest corporate communications, including regulatory filings and executive leadership updates. Combine these resources with fundamental analysis tools for informed investment research.
Brunswick Corporation (NYSE: BC) has announced a 12.5% increase in its quarterly dividend, raising it to $0.27 per share. This marks the eighth consecutive year of dividend growth, reflecting confidence in its marine portfolio and strong demand for its brands. The dividend is set to be payable on December 18, 2020, to shareholders of record as of November 24, 2020. CEO David Foulkes emphasized the ongoing commitment to capital plans and long-term value creation for shareholders.
Brunswick Corporation has appointed Michael Adams as Vice President and Chief Information Officer, effective immediately. He succeeds Danielle Brown, who is leaving for other opportunities. Adams, who joined Brunswick in 2017, has played a crucial role in transforming the company's IT capabilities and will now oversee enterprise information systems.
CEO Dave Foulkes emphasized the importance of this role in advancing Brunswick's digital transformation. Adams aims to enhance digital initiatives and operational models for a better customer experience in the recreational marine industry.
Brunswick Corporation (NYSE: BC) will announce its Q3 2020 financial results on October 29, 2020, prior to the market opening. A conference call will be held at 10 a.m. CDT, featuring key executives including CEO David M. Foulkes. Analysts and investors can join via telephone or listen online through the company's investor relations page. A replay of the call will be accessible until November 4, 2020. The results will later be available on the SEC's website.
Brunswick Corporation has appointed Brent Dahl as Vice President of Investor Relations, succeeding Al Marchetti, who will now focus on Special Finance Projects and Finance Modernization. Dahl, with the company since 2002, brings extensive experience, previously serving as Vice President of Internal Audit. CFO Ryan Gwillim highlighted Dahl's financial expertise and role in enhancing investor relations. Marchetti, who joined in 2006, will leverage his knowledge in his new position aimed at modernizing financial processes.
Brunswick Corporation's CEO, Dave Foulkes, has been named the 2020 Mover and Shaker of the Year by Boating Industry Magazine. This award acknowledges significant contributions to the marine industry's advancement. Under Foulkes' leadership since January 2019, Brunswick has focused on innovation, sustainability, and diversity, launching 50 new products even amid the pandemic. The company has received multiple awards for its commitment to women and sustainability, positioning itself for profitable growth as new demographics enter boating.
Mercury Marine, a division of Brunswick Corporation (NYSE: BC), is launching Mercury outboard engines on nine Sportsman boat models starting November 1. This move is in response to increased demand for high-horsepower outboards in key saltwater markets. Mercury has partnered with 100 new dealers and 40 new OEMs in the past year, enhancing its presence at major boat shows. Both companies are increasing production to meet rising demand, with Mercury planning to hire hundreds across its manufacturing and distribution sites.
Brunswick Corporation (NYSE: BC) announced the resumption of its share repurchase program, which had been previously suspended due to the COVID-19 pandemic. Before the pause, the company had completed about one-third of its $100 million target for the year, adding to the $400 million repurchased in 2019. The announcement follows the repayment of an $85 million revolving credit line, enhancing Brunswick's liquidity. CFO Ryan Gwillim highlighted strong cash flow in the marine market and the share buyback as an opportunity to increase shareholder value.
Brunswick Corporation (NYSE: BC) has announced its Q2 2020 financial results, available on their website and SEC’s Form 8-K filing. A conference call detailing these results will occur today at 10 a.m. CDT, featuring CEO David M. Foulkes and CFO Ryan M. Gwillim. Participants can join via phone or listen online, with replay access available until August 5, 2020. Brunswick's diverse portfolio includes brands such as Mercury Marine and various boat manufacturers, reinforcing its position in the marine sector.
The Board of Directors of Brunswick Corporation (NYSE: BC) declared a quarterly dividend of $0.24 per share, payable on September 11, 2020, to shareholders of record by August 25, 2020. CEO Dave Foulkes emphasized the company’s commitment to sustaining dividends despite challenges posed by the COVID-19 pandemic, highlighting a strong liquidity position and demand for marine products. This declaration indicates Brunswick's dedication to returning capital to its shareholders while navigating uncertain market conditions.
FAQ
What is the current stock price of Brunswick (BC)?
What is the market cap of Brunswick (BC)?
