Health And Wellness
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Brunswick Corp. engages in the design, manufacture, and marketing of recreation products, including marine engines, boats, fitness equipment, and active recreation products. It operates through the following segments: Marine Engine, Boat, and Fitness. Read More The Marine segment manufactures and sells recreational marine engines and marine parts and accessories. The Boat segment produces and markets boats such as fiberglass pleasure, sport cruiser, sport fishing and center-console, offshore fishing, aluminum and fiberglass fishing, pontoon, utility, deck, inflatable, and heavy-gauge aluminum. The Fitness segment designs, manufactures and markets fitness equipment, including treadmills, total body cross-trainers, stair climbers and stationary exercise bicycles, and strength-training equipment. The company was founded by John Brunswick in 1845 and is headquartered in Mettawa, IL.
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Seeking AlphaMay 17
Brunswick to acquire Freedom Boat Club
Brunswick (BC -3.4% ) agrees to acquire Freedom Boat Club or FBC, for an undisclosed consideration. The acquisition will expand Brunswick's presence and scale within the boat club segment. Freedom Boat Club service over 20,000 members, with access to a fleet of nearly 2,200 boats at ~170 locations across 30 states, Canada and Europe. FBC will become part of Brunswick’s Business Acceleration group. The transaction is expected to close during 2Q 2019...
Yahoo FinanceMay 15
Langlais Named President - Sea Ray Boats
METTAWA, Ill., May 15, 2019 (GLOBE NEWSWIRE) -- -- The Brunswick Boat Group, a unit of Brunswick Corporation (BC), today announced that Steve Langlais has been named President - Sea Ray Boats, succeeding Brad Anderson, who has chosen to pursue opportunities outside the Company. Langlais, currently President – Ft. Wayne Operations for Brunswick, will continue to report to Brunswick Boat Group President Huw Bower. The appointment is effective immediately. “Steve is an excellent fit for Sea Ray,” Bower said. ...
Brunswick's to launch new $450 million stock repurchase program
Brunswick Corp. BC, +0.33% said Wednesday it has approved a new $450 million stock repurchase program, following the recent completion of the $300 million program approved in February 2016. Based on current share prices--the stock was down 0.2% at $51.16 in morning trade--the new program would represent about 8.8 million shares, or about 10.1% of the 87.1 million total shares outstanding, as of April 29. Separately, the company said it would pay its regular quarterly dividend of 21 cents a share on June 14 ...
Expected Jul 25, Pre-Market