tiprankstipranks
AB InBev’s Strong Q3 Results and Share Buyback
Company Announcements

AB InBev’s Strong Q3 Results and Share Buyback

Anheuser-Busch Inbev Sa (BUD) has released an update.

Don't Miss our Black Friday Offers:

Anheuser-Busch InBev reported a robust third quarter of 2024, with a 7.1% increase in EBITDA and a 14% rise in underlying EPS, driven by strategic execution and digital platform growth. Revenue increased by 2.1%, supported by strong performance from megabrands like Corona, and 72% of sales were conducted through B2B digital channels. Additionally, the company announced a $2 billion share buyback program, reflecting confidence in its financial strategy.

For further insights into BUD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAnheuser Busch put volume heavy and directionally bearish
TipRanks Auto-Generated NewsdeskAnheuser-Busch InBev Launches $3 Billion Tender Offers
TheFlyAB InBev price target lowered to EUR 69.22 from EUR 73 at Barclays
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App