Ambev Announces Equity Buyback Program for 208 Million Shares

Ambev S.A. has announced an equity buyback program for 208 million shares, representing 4.89% of its issued share capital. The company received a super rating from traders based on global valuation, EPS revisions, and visibility. Investors gave Ambev a super composite rating based on fundamentals, global valuation, EPS revisions, and visibility. The company received a global rating based on fundamentals, valuation, financial estimates revisions, consensus, and visibility. Ambev also received a quality rating based on capital efficiency, quality of financial reporting, and financial health. The company received an ESG MSCI rating of AA.