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AB InBev’s Strong Q3 Results and Share Buyback
Company Announcements

AB InBev’s Strong Q3 Results and Share Buyback

Anheuser-Busch Inbev Sa (BUD) has released an update.

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Anheuser-Busch InBev reported a robust third quarter of 2024, with a 7.1% increase in EBITDA and a 14% rise in underlying EPS, driven by strategic execution and digital platform growth. Revenue increased by 2.1%, supported by strong performance from megabrands like Corona, and 72% of sales were conducted through B2B digital channels. Additionally, the company announced a $2 billion share buyback program, reflecting confidence in its financial strategy.

For further insights into BUD stock, check out TipRanks’ Stock Analysis page.

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