ABEV AMBEV S.A.

NEUTRAL Impact: 3/10 6-K
Horizon weeks Filed May 5, 2026 Processed 1mo ago SEC 0001292814-26-002775
Notable filing: 6-K
Latest settled — T+20d ⚠ clustered
ABEV ▼ -3.47% at T+20d
NEUTRAL call ✗ call lost -3.47% · α vs SPY -8.43% · entry $3.37 → $3.25
Next anchor: T+60d in 6w
Last close $3.25 (close Jun 12) · -3.47% from $3.37 entry
Entry anchored
May 5, 2026
via day open
T+1d
+1.49%
call +1.49% · α +0.10%
$3.42
settled 6w ago
T+5d
-3.59%
call -3.59% · α -5.58%
$3.25
settled 5w ago
T+20d
-3.47%
call -3.47% · α -8.43%
$3.25
settled 12d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Ambev's Board of Directors approved the second tranche of 2025 interest on capital (IOC) at R$0.0755 gross per share, payable July 6, 2026, and a new 2026 IOC distribution of R$0.449 gross per share (net R$0.0370), payable by December 31, 2026. This is a routine capital return event with no new financial performance data, making it neutral for the stock.

Actionable Insight

The IOC distributions are in line with Ambev's historical capital return policy and do not signal any change in fundamentals. Monitor the next quarterly earnings for revenue and profit trends; this filing has no immediate trading catalyst.

Key Facts

  • Second tranche of IOC 2025: gross R$0.0755/share, net R$0.0642/share, payable July 6, 2026
  • New IOC 2026 distribution: gross R$0.449/share, net R$0.0370/share, payable by December 31, 2026
  • IOC 2026 record dates: June 22, 2026 (B3) and June 24, 2026 (NYSE); ex-IOC from June 23, 2026
  • IOC 2026 based on extraordinary balance sheet as of March 31, 2026; not allocated to mandatory minimum dividend for FY2026

Financial Impact

Total gross distribution of approximately R$0.5245/share across both tranches; net to shareholders after 17.5% withholding tax

shareholder returndividend yield

Risk Factors

  • No new financial performance data provided; reliance on prior year earnings for IOC sustainability
  • Currency risk for ADR holders as distributions are in BRL

Market Snapshot

Exchange
NYSE
Sector
Beverages
Analyst Consensus
10% bullish (20 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
6-K Filing (Primary)0001292814-26-002775
Document: 0001292814-26-002775-index-headers.html0001292814-26-002775
Document: 0001292814-26-002775-index.html0001292814-26-002775
Document: 0001292814-26-002775.txt0001292814-26-002775
10 reports for ABEV
Performance horizon
Filters
Rows
Reports for ABEV — sortable, filterable
Type Now
Jun 10, 2026
4d ago
6-K
NEUTRAL ★ 3/10
$3.11 awaiting T+5awaiting T+5$3.25 (+4.50%)
Jun 10, 2026
4d ago
6-K
NEUTRAL ★ 3/10
$3.11 awaiting T+5awaiting T+5$3.25 (+4.50%)
May 29, 2026
16d ago
6-K
NEUTRAL ★ 5/10
$3.22 $3.12▼ −3.11%▼ −0.59%$3.25 (+1.06%)
May 8, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$3.28 $3.14▼ −4.27%▼ −4.19%$3.25 (−0.79%)
May 8, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$3.28 $3.14▼ −4.27%▼ −4.19%$3.25 (−0.79%)
May 5, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$3.37 $3.25▼ −3.59%▼ −5.58%$3.25 (−3.47%)
May 5, 2026
5w ago
6-K
NEUTRAL ★ 5/10
$3.37 $3.25▼ −3.59%▼ −5.58%$3.25 (−3.47%)
May 5, 2026
5w ago
6-K
NEUTRAL ★ 3/10
$3.37 $3.25▼ −3.59%▼ −5.58%$3.25 (−3.47%)
May 5, 2026
5w ago
6-K
NEUTRAL ★ 3/10
$3.37 $3.25▼ −3.59%▼ −5.58%$3.25 (−3.47%)
Mar 24, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$2.78 $2.92▲ +5.04%▲ +5.46%$3.25 (+17.03%)
Showing 10 of 10

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