Earnings ·
Ambev reports Q3 net income of R$4.37B and completes R$3.33B share buyback program
ABEVAmbev S.A.
Ambev S.A. reported third-quarter net income attributable to equity holders of R$4.25 billion (R$0.2754 per diluted share), down from R$4.75 billion in the prior-year period, on net sales of R$21.6 billion. The company also completed its authorized share buyback program, acquiring 208 million shares for a total cost of R$3.33 billion and canceling 279 million treasury shares. Additionally, Ambev approved an interest on capital distribution of R$0.0713 per share to be paid by December 31, 2026. The company operates in the beverage industry, producing and distributing beer, soft drinks, and other non-alcoholic beverages across Latin America.