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13 November 2025

AB-InBev announces USD 6 billion buyback as beer volumes decline

Belgium | AB-InBev announced a USD 6 billion share buyback over two years, as the Belgian brewer cuts debt and grows profits even as sales fall. On 30 October it reported a 3.3 percent rise in underlying operating profit in the third quarter 2025, but it was still the lowest quarterly profit growth since 2021 for the maker of Stella Artois and Corona. Organic volumes slipped 3.7 percent, with beer volumes down by 3.9 percent, as they were dragged down by weak demand in China and poor weather in Brazil.

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