Ambev sets October 29 date to report third-quarter results before market open
Key Facts
Ambev set October 29, 2026, as the date to release its third-quarter results before the opening of the B3 and New York exchanges, according to its official investor relations calendar. This separates its announcement from results by parent company AB InBev, which appeared in reports circulating about the same period. Ambev's open page did not show third-quarter figures or confirm a new buyback program. The previous draft attributed profitability and revenue figures and a buyback program value to Ambev that were not substantiated by the available official materials. The confirmed event here is therefore the disclosure date, while investors await the company's own data. This distinction allows each company's results to be read separately, rather than transferring the parent company's figures to its Brazilian unit.
The company is scheduled to hold a webcast on the day results are announced at 12:30 Brasília time, corresponding to 11:30 New York time. The webcast will follow the release of results and take place before investors have a full picture of third-quarter performance from the expected disclosure. The event gives Ambev management an opportunity to present the figures and discuss its performance, but financial details do not appear in the published investor relations calendar. In its second-quarter disclosure, the company said organic revenue grew 6.1% year on year, driven by a 4.6% increase in net revenue per hectoliter and 1.4% growth in combined volumes. This provides context on the revenue trend in the previous period, but does not determine what the third quarter recorded. The upcoming disclosure will therefore be important in showing whether this growth continued and how the price and volume mix evolved.
Ambev returned about 5.9 billion Brazilian reais in cash to shareholders from the start of 2026 through the date of its second-quarter disclosure, before withholding tax, according to the company. It said most of the amount came from executing about 95% of the buyback program announced in October 2025, alongside partial payments of interest on capital for 2025. The board approved a program on October 29, 2025, allowing the repurchase of up to 208,000,000 common shares, with the primary purpose of canceling the shares bought. These figures provide context for the capital-return policy that preceded the third-quarter results announcement. They do not establish that a new program was launched or substantiate the value cited in the previous draft. The board also approved a distribution of interest on capital of about 1.1 billion Brazilian reais before withholding tax on July 29, 2026, to be paid before the end of December 2026.
In trading, Ambev's U.S.-listed depositary receipts closed at $2.78 on October 28, 2026, according to EL7 data. This is the available closing price for the session; the accompanying data do not provide the session's low and high. The close came ahead of the date set by the company to release results, making the expected disclosure the next event on its calendar. The closing price alone does not establish how investors will react to the quarterly figures or any update on capital allocation. Comparison with second-quarter performance remains contingent on the third-quarter data the company plans to release before the two markets open.