InBev announces new share buy-back plan
In an effort to boost its share price, InBev has announced a new share buy-back programme for an amount up to EUR 300 million.
In January this year InBev said that following the successful completion of its EUR 300 million buy-back programme launched in August last year, InBev would continue buying back its own shares for an amount of up to EUR 300 million.
According to InBev, these share buy-back programmes are an integral component of its strategy to return cash to shareholders, as well as to hedge the company’s share-based compensation system.