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Beverages (Production/Distribution)
Corporate GovernanceMay 14, 2026, 08:17 AM

AB InBev Amends Articles of Association, Updates Share & Board Rules

AI Summary

Anheuser-Busch InBev SA/NV filed its coordinated Articles of Association, reflecting amendments made on April 29, 2026. The updated articles detail the company's corporate purpose, share capital structure, including Ordinary and Restricted Shares, and rules for their transfer and conversion. Key changes also include the composition of the Board of Directors, authorized capital provisions, and an authorization for the company to repurchase up to 20% of its issued shares for five years.

Key Highlights

  • Articles of Association coordinated following an amendment made on April 29, 2026.
  • Share capital is EUR 1,238,608,344.12, represented by 2,019,241,973 shares.
  • Company has two classes of shares: Ordinary Shares and 222,038,442 Restricted Shares.
  • Restricted Shares are convertible to Ordinary Shares at the holder's option after October 10, 2021.
  • Board of Directors composition rules updated, with a minimum of 3 and maximum of 15 directors.
  • Board authorized to increase share capital by up to 3% of shares outstanding (as of April 27, 2022) for five years.
  • Company authorized to repurchase up to 20% of its issued shares for five years from April 29, 2026.
  • Shareholding disclosure obligations apply at thresholds of 3%, 5%, and 7.5%.
BUD
Beverages (Production/Distribution)
Anheuser-Busch InBev SA/NV

Price Impact