‘BUD’ is back

BUD symbol returns to NYSE after InBev takeover

Brewing giant Anheuser-Busch InBev (ABI.BT) is once again trading on the New York Stock Exchange next under the symbol “Bud”, the company said.

The stock will continue to trade on Euronext Brussels, which remains the company’s primary listing, it said.

“Listing on the NYSE is another important step in facilitating broader ownership of Anheuser-Busch InBev shares in the U.S. capital markets and reflects the company’s global presence,” Chief Financial Officer Filipe Dutra said in a statement.

The move brings back the former Anheuser-Busch “Bud” symbol to the NYSE. Anheuser-Busch was taken over by Belgium’s InBev in a $52 billion deal last year.

Comments

  1. pete says

    So let’s get this straight here. Multinational InBev buys American Bud, eliminates countless good American jobs in the beer industry, then comes back and gets a listing plus red carpet treatment from the NYSE?

    FU Wall Street!!!

    admin wrote: BUD symbol returns to NYSE after InBev takeover

    Brewing giant Anheuser-Busch InBev (ABI.BT) is once again trading on the New York Stock Exchange next under the symbol “Bud”, the company said.

    The stock will continue to trade on Euronext Brussels, which remains the company’s primary listing, it said.

    “Listing on the NYSE is another important step in facilitating broader ownership of Anheuser-Busch InBev shares in the U.S. capital markets and reflects the company’s global presence,” Chief Financial Officer Filipe Dutra said in a statement.

    The move brings back the former Anheuser-Busch “Bud” symbol to the NYSE. Anheuser-Busch was taken over by Belgium’s InBev in a $52 billion deal last year.