AB InBev reports buyback and Anheuser-Busch InBev stock trades above EUR 65.28
Published on 10/05/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Anheuser-Busch InBev (ISIN BE0974293251) was trading at EUR 65.84 at Lang & Schwarz on October 5, 2026 at 11:40 a.m. CEST, above the EUR 65.28 prior close of October 2, 2026. On September 29, Sharenet reported that AB InBev had bought 1,124,057 shares at an average EUR 68.11 per share for total consideration of EUR 76.6 million.
Buyback adds a capital-return signal
The September 29 disclosure covers purchases made from September 21 through September 28, 2026, extending the share buyback program announced in October 2025. The average repurchase price stood EUR 2.27 above the October 5 Lang & Schwarz price, a comparison that puts the latest market level below the program's reported execution price.
The buyback is one part of a broader capital-allocation plan. AB InBev said in its second-quarter release that it had completed USD 1.9 billion of a USD 6.0 billion buyback program by July 24, 2026, while its net debt to normalized EBITDA ratio stood at 2.86 times on June 30, 2026, down from 3.27 times a year earlier.
Second-quarter growth broadens
Business Wire published AB InBev's second-quarter 2026 results on July 30, 2026. Organic revenue increased 5.6 percent to USD 16.66 billion, while normalized EBITDA rose 5.8 percent to USD 5.94 billion and the normalized EBITDA margin expanded to 35.6 percent.
The half-year comparison was also positive. Revenue increased 5.7 percent to USD 31.93 billion in the first half of 2026, normalized EBITDA rose 5.6 percent to USD 11.38 billion, and underlying earnings per share increased 22.1 percent to USD 2.18 from USD 1.79 in the first half of 2025.
October results date sets next test
AB InBev's investor page schedules third-quarter 2026 results for October 29, 2026, with the earnings release at 7:00 a.m. Brussels time and the earnings call at 2:00 p.m. Brussels time, according to Anheuser-Busch InBev. Management's full-year 2026 outlook calls for normalized EBITDA growth of 4 percent to 8 percent.
Analyst coverage supplies a valuation reference before that report. On September 23, MarketScreener reported that Berenberg retained its Buy rating and an EUR 89 price target for AB InBev. The target is EUR 23.16 above the Lang & Schwarz price, but the two figures represent different market references.
Stock price holds above prior close
At EUR 65.84, Anheuser-Busch InBev stock was up 0.86 percent versus the EUR 65.28 Lang & Schwarz prior close on October 5, 2026 at 11:40 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Anheuser-Busch InBev stock.
Anheuser-Busch InBev market data
- Company: Anheuser-Busch InBev SA/NV
- ISIN: BE0974293251
- Ticker: ABI
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz as of October 5, 2026, 11:40 a.m. CEST: EUR 65.84
- Change versus prior close: plus 0.86 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 65.28
- Market capitalization: USD 144.6 billion as of October 2, 2026
- Sector / Industry: Consumer Defensive / Beverages - Alcoholic
