AmBev – Companhia de Bebidas das Americas (NYSE: ABV) will begin trading today
on the New York Stock Exchange (NYSE), under the ticker symbols ”ABV” for
preferential ADRs and ”ABVc” for common ADRs. AmBev’s ADRs (American Depositary
Receipts) replace Brahma’s papers, which have been traded on the NYSE since
June 1997. Marcel Telles, co- chairman of the company’s Board of Directors,
participated in NYSE’s ceremony to commemorate the event by ringing the bell
to signal the end of the day’s trading. The president of Pepsi-Cola International,
Peter Thompson, and top Brazilian model Gisele Bundchen were also at the ceremony.
To commemorate the launching of its ADRs for trading, AmBev distributed 6,000
cans of Guarana Antarctica to New Yorkers this morning at a stage representing
a tropical forest, assembled directly in front of the NYSE building. The internalization
of Guarana is one of AmBev’s steps to establish itself as an international company,
of Brazilian origin. AmBev and Pepsi have established an international licensing
agreement since the end of last year, which allows the distribution of Guarana
Antarctica to more than 175 countries.
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
Subscribe to unlock exclusive content.
Already a subscriber? Sign in to access your account.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now