Business Context and Reporting Period
This Form 6-K filing by Ambev S.A. covers the month of November 2025, with the report signed on December 8, 2025. The filing is submitted pursuant to Rule 13a-16 of the Securities Exchange Act of 1934 and complies with Article 11 of CVM Instruction # 358/2002. The document specifically reports on transactions involving the company's own securities and derivatives, focusing on treasury share movements.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. Instead, it details the following treasury share data:
- Initial Treasury Balance: 169,171,789 Common Shares.
- Final Treasury Balance: 169,082,705 Common Shares.
- ADR Holdings: 0 (Both initial and final).
Material Changes and Transactions
During November 2025, Ambev S.A. executed two specific transactions regarding its common shares, resulting in a net reduction of treasury shares:
- Delivery of Restricted Shares: On November 4, 106,294 shares were delivered directly to the company at a price of R$ 12.91 per share, totaling R$ 1,372,255.54.
- Purchase of Shares: On November 24, the company purchased 17,210 shares directly at a price of R$ 13.77 per share, totaling R$ 236,981.70.
The net effect of these transactions was a decrease in the total quantity of outstanding shares held in treasury.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, risk factors, contingencies, or unusual items. The document is strictly a regulatory disclosure of specific securities transactions required by Brazilian regulatory authorities (CVM).
Investor Verification Checklist
- Verify the impact of the net reduction in treasury shares on the company's total outstanding share count.
- Confirm the pricing of the November transactions (R$ 12.91 and R$ 13.77) against the prevailing market price of Ambev shares during that period.
- Review the company's broader 20-F or 40-F filings for comprehensive financial results, as this 6-K contains no operational or financial performance data.