Ambev board approves buyback of up to 190 million shares
ABEV•Ambev’s board authorized repurchases of up to 190 million common shares through April 28, 2028, primarily for cancellation. Repurchases will use capital reserves recorded on Sept. 30, 2026.
1. Buyback authorization
Ambev’s board met on Oct. 28, 2026, and authorized the company to repurchase up to 190 million common shares through April 28, 2028. The shares are primarily intended for cancellation; any remaining shares may be held in treasury, sold or delivered under share-based compensation plans. Repurchases will draw on capital reserves recorded in the Sept. 30, 2026, balance sheet.
