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Budweiser Brewing Co. APAC Ltd. ( (HK:1876) ) has issued an announcement.
Budweiser Brewing Company APAC Limited has announced a series of board changes effective 1 January 2026, including the resignation of non-executive director and Audit and Risk Committee member Nelson Jamel, who is leaving to pursue other opportunities, and the appointment of Anheuser-Busch InBev Chief Financial Officer Fernando Tennenbaum as a new non-executive director and member of the committee. In a move that further strengthens the influence of controlling shareholder AB InBev on Budweiser APAC’s governance, existing alternate directors John Blood, David Almeida and Katherine Barrett will shift from serving as alternates to Jamel to acting as alternates to Tennenbaum, while Jamel and Blood both confirmed there are no disagreements with the board or issues requiring shareholder attention, suggesting a smooth transition in oversight and continuity in the company’s risk and audit supervision.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
More about Budweiser Brewing Co. APAC Ltd.
Budweiser Brewing Company APAC Limited is the Asia-Pacific arm of global brewer Anheuser-Busch InBev, focused on the production, marketing and distribution of beer and related beverages across key markets in the region. Listed in Hong Kong, the group leverages its portfolio of international and local brands to capture growth in both mature and emerging APAC beer markets.
Average Trading Volume: 12,782,761
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$102.4B
See more data about 1876 stock on TipRanks’ Stock Analysis page.