Brown & Brown Completes 2-for-1 Stock Split

3/28/18

DAYTONA BEACH, Fla., March 28, 2018 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced that its previously declared 2-for-1 stock split was paid on March 28, 2018 to shareholders of record as of the close of business on March 14, 2018 and that the Company’s common stock will begin trading at the split-adjusted price at the market open on March 29, 2018. As a result of the stock split, the number of outstanding shares of common stock will increase from approximately 138 million to approximately 276 million.

About Brown & Brown

Brown & Brown, Inc., through its subsidiaries, offers a broad range of insurance products and services. Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration, and other services. Serving business, public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurancemagazine as the United States’ sixth largest independent insurance intermediary. The Company’s Web address is www.bbinsurance.com.

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