BRAZIL: AmBev looks to start buy-back
AmBev is considering launching a new stock buy-back program in the next two months. The Brazilian beverage company said yesterday that it may buy back up to 1.4 billion of its preferred shares.
In a statement, AmBev said that the 1.4 billion shares represent around 6.58% of the preferred shares traded on the market. The company added that the program is limited to 500m reais (US$172m).
AmBev may renew the program for another two months after it ends.
The global roll-out of InBev's Brazilian beer, Brahma, adds a third premium brand to the global brewer's international portfolio but some observers have suggested it's an unnecessary step which threat...
Functional soft drinks are relatively undeveloped in Latin America in comparison with Europe but there is significant growth potential. Hope Lee of industry analysts, Euromonitor International, examin...
The pan-Latin American beer force AmBev has opened a new brewery in Peru....
AmBev has announced the sales volumes for the third quarter of this year....
The investment bank, Merrill Lynch, has warned that a takeover of the Brazilian brewer Kaiser by a large international group could lead to some profit-taking in the shares of the market leader AmBev, ...
Companhia de Bebidas das Americas (AmBev) has reported a 92% year-on-year leap in EBITDA for the second quarter of this year....
AmBev's Peruvian unit has launched a new bottle in the country....
Companhia de Bebidas das Americas or AmBev has been boosted by a strong recovery of its Brazilian beer unit and reported a 11% jump in second quarter beer volumes....
- A-B InBev and its SABMiller divestments - Focus
- Paddy Irish whiskey - The Facts
- SABMiller in Cent'l & E Europe - What is for sale?
- Is the wine industry confusing its consumers?
- Where does AB InBev see the future of beer?
- Pernod Ricard to widen Our/Vodka sales reach
- Remy Cointreau names new Travel Retail exec
- Leonardo DiCaprio joins Runa drinks board
- Pernod in talks to sell Paddy whiskey to Sazerac
- US wholesalers point to Absolut decline - report
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Carbonates in India
- Consumer and Market Insights: Spirits Market in the US