Earnings ·
Ambev reports 3Q26 Normalized EPS of R$0.28 and approves R$2.9B share buyback program
ABEVAmbev S.A.
Ambev reported third-quarter 2026 results showing a 15.4% increase in normalized earnings per share to R$0.28, driven by an 8.9% rise in normalized EBITDA and improved net financial expenses. Consolidated organic volumes grew 0.8%, while net revenue increased 7.6%. Operating cash flow rose 11.0% year-over-year to approximately R$7.7 billion. Concurrently, the Board of Directors approved a new share buyback program authorizing the repurchase of up to 190 million common shares, valued at roughly R$2.9 billion based on late October pricing, to be executed over the next 18 months. Ambev is a leading beverage company operating in Latin America and Canada.