BuybackOct 29, 2026, 06:16 AM
Ambev S.A. Approves Buyback of Up to 190 Million Shares
AI Summary
Ambev S.A. announced that its Board of Directors has approved a share buyback program to repurchase up to 190,000,000 common shares, primarily for cancellation. The program is set to run until April 28, 2028. The company has over 4 billion outstanding shares, and the buyback will be recorded against its capital reserve. The transaction will be executed through specific brokerage firms.
Key Highlights
- Ambev S.A. Board of Directors approved a share buyback program for up to 190,000,000 common shares.
- The primary purpose of the buyback program is the cancellation of repurchased shares.
- The buyback program will remain in effect until April 28, 2028.
- The company has 4,043,503,937 outstanding shares as of September 30, 2026.
- Acquisitions will be recorded as a debit on the capital reserve.
- The transaction will be carried out through Santander, Ágora Corretora, and Goldman Sachs.
Price Impact
More from ABEV