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Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ANB
NYSE ADS Code: BUD
JSE Share Code: ANH
ISIN: BE0974293251
(“AB InBev” or the “Company”)
AB InBev reports on the progress of its
share buy-back program announced on 31
October 2024
Regulated information1
20 January 2025 – Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE:ANH) (“AB InBev”)
(“the Company”) hereby discloses certain information in relation to its share buy-back program announced on 31
October 2024, in accordance with article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code
on Companies and Associations. Under this program, AB InBev has granted a discretionary mandate to an
independent financial intermediary to repurchase AB InBev shares.
Further to the launch of the share buy-back program announced on 31 October 2024, AB InBev reports the
purchase of 2,669,840 AB InBev shares in the period from 13 January 2025 up to and including 17 January 2025.
The shares were repurchased at an average price of 45.55822 EUR per share for a total consideration of
121,663,147.26 EUR.
Average Lowest Highest
Date of Number Total amount
Exchange(2) Total amount (USD) price price price
repurchase of shares (EUR)
(EUR) (EUR) (EUR)
13-Jan-25 ENB 483,700 €21,863,178.31 $22,338,702.44 45.19987 45.03 45.42
13-Jan-25 CBOE 262,738 €11,897,779.20 $12,156,555.90 45.28382 45.03 45.45
13-Jan-25 TQE 61,599 €2,784,745.99 $2,845,314.22 45.20765 45.05 45.39
14-Jan-25 ENB 319,749 €14,517,492.51 $14,884,785.07 45.40278 45.15 46.09
14-Jan-25 CBOE 195,668 €8,882,147.31 $9,106,865.64 45.39397 45.19 46.23
14-Jan-25 TQE 22,117 €1,008,343.90 $1,033,855.01 45.59135 45.25 46.07
15-Jan-25 ENB 177,587 €8,039,324.54 $8,285,327.87 45.26978 45.09 45.52
15-Jan-25 CBOE 89,313 €4,044,670.44 $4,168,437.36 45.28647 45.12 45.50
15-Jan-25 TQE 30,268 €1,369,748.35 $1,411,662.65 45.25401 45.09 45.50
16-Jan-25 ENB 314,115 €14,250,698.55 $14,673,944.30 45.36777 45.15 45.64
16-Jan-25 CBOE 176,600 €8,010,990.74 $8,248,917.17 45.36235 45.15 45.63
16-Jan-25 TQE 26,386 €1,196,359.70 $1,231,891.59 45.34070 45.15 45.53
17-Jan-25 ENB 306,416 €14,281,310.70 $14,686,899.92 46.60759 46.26 46.77
17-Jan-25 CBOE 164,628 €7,672,026.90 $7,889,912.46 46.60220 46.21 46.76
17-Jan-25 TQE 38,956 €1,814,330.10 $1,865,857.07 46.57383 46.22 46.75
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Total 2,669,840 €121,633,147.26 $124,828,928.66 45.55822 45.45 46.21
(2) Through the central orderbook of the multilateral trading facility operated by Cboe Europe B.V. (CBOE), the multilateral
trading facility operated by Turquoise Global Holdings Europe B.V. (TQE) or Euronext Brussels (ENB)
Since the start of the share buy-back program on 13 November 2024, AB InBev has bought back 8,688,266 shares
for a total amount of 417,456,305.12 EUR (432,430,114.22 USD) under the share buy-back program. This
corresponds to 0.43% of the total shares outstanding.
The overview relating to the share buy-back program is available on https://www.ab-inbev.com/investors/share-
information/return-of-capital-program and will be updated on a weekly basis.
1
The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the duties of issuers of financial
instruments which have been admitted for trading on a regulated market.
About Anheuser-Busch InBev (AB InBev)
Anheuser-Busch InBev (AB InBev) is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary
listings on the Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts
on the New York Stock Exchange (NYSE: BUD). As a company, we dream big to create a future with more cheers. We are
always looking to serve up new ways to meet life’s moments, move our industry forward and make a meaningful impact in the
world. We are committed to building great brands that stand the test of time and to brewing the best beers using the finest
ingredients. Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona®, Stella Artois®
and Michelob Ultra®; multi-country brands Beck’s®, Hoegaarden® and Leffe®; and local champions such as Aguila®,
Antarctica®, Bud Light®, Brahma®, Cass®, Castle®, Castle Lite®, Cristal®, Harbin®, Jupiler®, Modelo Especial®, Quilmes®,
Victoria®, Sedrin®, and Skol®. Our brewing heritage dates back more than 600 years, spanning continents and generations.
From our European roots at the Den Hoorn brewery in Leuven, Belgium. To the pioneering spirit of the Anheuser & Co brewery
in St. Louis, US. To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. To Bohemia, the
first brewery in Brazil. Geographically diversified with a balanced exposure to developed and developing markets, we leverage
the collective strengths of approximately 155,000 colleagues based in nearly 50 countries worldwide. For 2023, AB InBev’s
reported revenue was 59.4 billion USD (excluding JVs and associates).
AB InBev Contacts
Investors Media
Shaun Fullalove Media Relations
E-mail: shaun.fullalove@ab-inbev.com E-mail: media.relations@ab-inbev.com
Ekaterina Baillie
E-mail: ekaterina.baillie@ab-inbev.com
Cyrus Nentin
E-mail: cyrus.nentin@ab-inbev.com
21 January 2025
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
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