Ambev SA (ABEV) has released an update.
Ambev S.A. has announced a share buyback program that aims to repurchase up to 24 million common shares by November 16, 2025, to fulfill share-based compensation plans and manage its capital structure efficiently. The buyback will be funded through the company’s capital reserve account and conducted via major financial institutions such as UBS Brasil and Merrill Lynch S.A. Corretora de Títulos e Valores Mobiliários. This strategic move is not expected to impact Ambev’s shareholder control or management structure.
For further insights into ABEV stock, check out TipRanks’ Stock Analysis page.