Business Context and Reporting Period
This Form 6-K filing by AMBEV S.A. covers the period ending September 30, 2019. The report serves as a notice of a capital increase approved by the Board of Directors on September 18, 2019, resulting from the exercise of stock options by beneficiaries under the Company's Stock Option Plan and a Migration Program.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on capital structure changes and historical share price performance.
Share Price History (BRL)
| Period | Low | Average | High |
|---|---|---|---|
| 2018 | 14.70 | 19.25 | 23.58 |
| 2017 | 15.36 | 18.15 | 21.11 |
| 2016 | 14.76 | 17.05 | 18.47 |
| 2Q 2019 | 16.49 | 17.52 | 18.47 |
| 1Q 2019 | 16.15 | 17.48 | 18.75 |
| 90-Day Average | 18.82 |
Note: Prices are adjusted to reflect payments of interest on shareholders' equity and dividend distributions.
Material Changes
- Capital Increase: New common shares (no par value) were issued following the exercise of options granted by Companhia de Bebidas Das Américas (AmBev) and the Company itself.
- Programs Involved: The issuance relates to the Stock Option Plan approved by the Shareholders' General Meeting on July 30, 2013, and the Migration Program approved on July 31, 2013.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a procedural disclosure regarding the verification of share issuance.
Investor Verification Checklist
- Verify the exact number of new shares issued and the total capital increase amount, as specific quantities are not detailed in this text.
- Confirm the impact of the new share issuance on existing shareholder dilution.
- Review the full Stock Option Plan and Migration Program terms to understand vesting schedules and exercise conditions.
- Check subsequent filings for the official registration of the new shares with the Brazilian Securities and Exchange Commission (CVM).