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.