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AB InBev details latest R1.34bn share repurchases

Siphelele Dludla|Published 3 months ago

The logo of Anheuser-Busch InBev is pictured outside the brewer's headquarters in Leuven, Belgium. File: Reuters

Anheuser-Busch InBev, the group with more than 500 beer brands globally, on Tuesday reported the purchase of more than 1.47 million of its shares at an average price of €47.42 (R85.50) per share for a total consideration of €69 692 361.31 (R1.34 billion) in its share buy-back program announced on 31 October 2024.

The shares were purchased in the period from 27 January 2025 up to and including 31 January 2025 through the central orderbook of the multilateral trading facility operated by Cboe Europe B.V., the multilateral trading facility operated by Turquoise Global Holdings Europe B.V. or Euronext Brussels.

Since the start of the share buy-back program on 13 November 2024, AB InBev has bought back 12 546 825 shares for a total amount of 598,186,807.05 EUR ($620 512 690.49) under the share buy-back program. This corresponds to 0.62% of the total shares outstanding.

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