The company said its board of directors approved the repurchase of up to $4 billion of common stock on April 9, 2025, expiring on February 29, 2028. The new authorization replaces the prior authorization of up to $2 billion, of which approximately $1.5 billion remained unused.

1. 01

   The company said its board of directors approved the repurchase of up to $4 billion of common stock on April 9, 2025, expiring on February 29, 2028. The new authorization replaces the prior authorization of up to $2 billion, of which approximately $1.5 billion remained unused.

2. 02

   Constellation said it signed an agreement with The Wine Group to fully divest, and in certain cases exclusively license the trademarks of, its remaining mainstream wine brands, including Woodbridge and Meiomi, along with associated inventory, wineries, vineyards, offices and facilities.

3. 03

   The company said the divestiture is subject to certain closing conditions, including receipt of regulatory approval, and that it expects the deal to close immediately after the end of its first fiscal quarter ending May 31, 2025.

4. 04

   The company said its board declared a quarterly cash dividend of $1.02 per share on Class A common stock and $0.92 per share on Class 1 convertible common stock, as of April 9, 2025. The dividend is payable on May 15, 2025 to holders of record at the close of business on April 29, 2025.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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