Ambev ADRs are traded on the New York Stock Exchange under ticker ABEV.
An ADR is a receipt representing the right to receive shares of a non-U.S. company. ADRs trade like any other U.S. security, are quoted and pay dividends in U.S. dollars, and provide transparency for U.S. investors by providing Company materials in English.
Ambev ADR Details:
Ticker: ABEV
Exchange: New York Stock Exchange
Ratio: 1 ADR = 1 Common share
CUSIP: 02319V103
Country: Brazil
Industry: Beverages
Trading in ADRs
Ambev ADRs are traded on the New York Stock Exchange. You can purchase or sell Ambev ADRs through your broker.
Dividends and Interest on shareholders’ equity
Ambev pays cash dividends and Interest on shareholders’ equity in Brazilian Reais, so exchange-rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs on the conversion into U.S. dollars of cash dividends paid in Brazilian Reais on the shares represented by the ADRs.
Taxation
Any cash dividends paid to ADR holders on behalf of Ambev will be paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. Further, cash dividends paid by Ambev are exempt from withholding tax and interest on own capital paid by Ambev are subject to 15% withholding tax under Brazilian law.
For more information regarding Brazilian and American tax withholding, please contact The Bank of New York Mellon and/or your tax advisor.
Contact Information
The Bank of New York Mellon
Phone: +1 (888) 269-2377 / +1 (201) 680-6825
E-mail: shrrelations@cpushareownerservices.com
Website: mybnymdr.com
Regular Mail
BNY Mellon Shareowner Services
PO Box 505005
Louisville, KY 40233-5005
Overnight/certified/registered delivery
BNY Mellon Shareowner Services
462 South 4th Street, Suite 1600
Louisville, KY 40202
