Business NewsMarketWire • Brown & Brown, Inc. Announces Entry Into Accelerated Share Repurchase Agreement

Brown & Brown, Inc. Announces Entry Into Accelerated Share Repurchase Agreement

Brown & Brown, Inc. Announces Entry Into Accelerated Share Repurchase Agreement

DAYTONA BEACH, FL--(Marketwired - September 02, 2014) - Brown & Brown, Inc. (the "Company") (NYSE: BRO) today announced that it has entered into an accelerated share repurchase program (ASR) with JPMorgan Chase Bank, National Association ("JPMorgan"), for $50 million of the Company's common stock. The ASR is part of Brown & Brown's board-approved $200 million share repurchase program announced on July 21, 2014.

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Brown & Brown, Inc. Announces Entry Into Accelerated Share Repurchase Agreement