Ambev S.A. Approves Dividend, Payable from January 28, 2021
December 22, 2020 at 06:57 am EST
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Ambev S.A. announced that in accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held December 21, 2020, to approve the distribution of dividends of BRL 0.0767 per share of the Company, which shall be deducted from the investments’ reserve of the company based on the balance sheet dated December 31, 2019 and from the results of the 2020 fiscal year based on the Company’s extraordinary balance sheet dated as November 30, 2020 (the preparation of which was determined by the Board of Directors at the meeting held on December 9, 2020), and shall be attributed to the minimum mandatory dividends for 2020, without income tax withholding in accordance with current legislation. The aforementioned payment shall be made as from January 28, 2021 considering the shareholding position on January 13, 2021, with respect to B3 S.A. - Brasil, Bolsa, Balcão, and January 15, 2021, with respect to the New York Stock Exchange - NYSE, without any monetary adjustment. The shares and ADRs shall be traded ex-dividends as from and including January 14, 2021.
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labattâs operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.
AMBEV S.A. 
