Anheuser-Busch InBev Rings NYSE Opening Bell to Celebrate NYSE Listing
NEW YORK , September 16, 2009 –Anheuser-Busch InBev led by its CEO Carlos Brito visited the New York Stock Exchange today to celebrate the company’s listing and first day of trading on the NYSE.
Belgium-based Anheuser-Busch InBev commenced trading today on the NYSE with American Depository Receipts (ADRs) under the ticker symbol “BUD”. Each ADR represents one ordinary share of Anheuser-Busch InBev common stock. Anheuser-Busch InBev ordinary shares continue to trade on Euronext Brussels, the company’s primary listing, under the symbol “ABI.”
"Anheuser-Busch InBev is a well-respected global company, a world leader in its category, as are its flagship Budweiser, Stella and Beck’s brands," said Duncan Niederauer, CEO, NYSE Euronext. "With its NYSE listing, we are pleased that Anheuser-Busch InBev now has homes on both our European and U.S. markets, and we look forward to providing the company with the superior liquidity, services and brand visibility associated with listing on NYSE Euronext.”
Felipe Dutra, Chief Financial Officer of Anheuser-Busch InBev, 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. We are proud to bring back to the NYSE the widely recognized “BUD” symbol, which now represents a truly global entity with brands such as Stella Artois and Beck’s, in addition to the iconic American brand Budweiser.”
Anheuser-Busch InBev (NYSE Euronext: ABI / NYSE: BUD)
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven , Belgium . It is the leading global brewer and one of the world's top five consumer products companies. A true consumer-centric, sales driven company, Anheuser-Busch InBev manages a portfolio of nearly 300 brands that includes global flagship brands Budweiser, Stella Artois and Beck’s, fast growing multi-country brands like Leffe and Hoegaarden, and strong "local jewels" such as Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, and Jupiler, among others. In addition, the company owns a 50 percent equity interest in the operating subsidiary of Grupo Modelo , Mexico 's leading brewer and owner of the global Corona brand. Anheuser-Busch InBev’s dedication to heritage and quality is rooted in brewing traditions that originate from the Den Horen brewery in Leuven , Belgium , dating back to 1366 and the pioneering spirit of the Anheuser & Co brewery, established in 1860 in St. Louis , USA . Geographically diversified with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of its 120,000 employees based in operations in over 30 countries across the world. The company strives to be the Best Beer Company in a Better World. On a combined basis for 2008, the company would have generated revenues of 39 billion USD. For more information, please visit: www.ab-inbev.com.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
