Brady Corporation elects Board of Directors and declares regular dividend to shareholders
Brady Corporation (NYSE: BRC) announced that its shareholders unanimously elected director nominees to a one-year term during the annual meeting held on November 17, 2021.
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Rhea-AI Summary
Brady Corporation (NYSE: BRC) announced that its shareholders unanimously elected director nominees to a one-year term during the annual meeting held on November 17, 2021. The Board also declared a dividend of $0.225 per share for the Class A Common Stock, payable on January 31, 2022, to shareholders recorded by January 10, 2022. With a fiscal 2021 revenue of approximately $1.14 billion and a workforce of about 5,700, Brady continues to provide safety and identification solutions across various industries.
Positive
- Unanimous election of director nominees indicates strong shareholder support.
- Declaration of a dividend of $0.225 per share enhances shareholder value.
Negative
- None.
Details
News Market Reaction – BRC
The recorded move for BRC in the trading session of this news was -6.91%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MILWAUKEE, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Company”) announced that shareholders of the Company’s Class B Common Voting Stock have voted unanimously in favor of the election of the director nominees to a one-year term at the Company’s annual meeting of shareholders held today in Milwaukee.
At the Board of Directors meeting on November 17, 2021, the Board declared a dividend to shareholders of the Company's Class A Common Stock of
Elected to the Brady Corporation Board of Directors are:
- Patrick W. Allender, Executive Vice President and Chief Financial Officer (Retired), Danaher Corporation
- Dr. David S. Bem, Vice President of Science and Technology and Chief Technology Officer, PPG Industries, Inc.
- Dr. Elizabeth Bruno, President, Brady Education Foundation
- Nancy Lee Gioia, Director, Global Connectivity, Electrical and User Experience (Retired), Ford Motor Company
- Dr. Frank W. Harris, Chair of the Board of Directors, Akron Polymer Systems
- Bradley C. Richardson, Executive Vice President and Chief Financial Officer (Retired), Avient Corporation
- Dr. Michelle E. Williams, Global Group President (Retired), Altuglas International, an affiliate of Arkema S.A.
- J. Michael Nauman, President and Chief Executive Officer, Brady Corporation.
Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2021, employed approximately 5,700 people in its worldwide businesses. Brady’s fiscal 2021 sales were approximately
For More Information Contact:
Investor Contact: Ann Thornton (414) 438-6887
Media Contact: Kate Venne (414) 438-5176
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