Business Context and Reporting Period
This Form 6-K filing by AMBEV S.A. covers the month of May 2019, with the report signed on June 7, 2019. The filing is a compliance report pursuant to Article 11 of CVM Instruction # 358/2002, detailing transactions involving the company's own securities and derivatives.
Key Financial Metrics and Transactions
The filing does not provide consolidated revenue, profit, cash flow, or margin data. It focuses exclusively on treasury share and derivative positions:
- Treasury Shares: The company acquired 12,595 common shares via a direct plan of share acquisition on May 8, 2019, at a price of R$ 17.92 per share (Total Volume: R$ 225,702.40). The final balance of treasury shares was 382,145.
- Derivatives (Total Return Swaps): Ambev Luxembourg S.à.r.l. executed multiple maturity and conclusion transactions for Total Return Swaps referenced in shares with Banco Bradesco throughout May 2019.
- Swap Volume: The total volume of swap transactions reported in the month was approximately R$ 133.3 million across five distinct transaction dates.
- ADR Position: No transactions occurred regarding American Depositary Receipts (ADR); the balance remained at 0.
Material Changes
The primary material change reported is the increase in the company's treasury share position from 369,550 to 382,145 shares due to the buyback activity. The derivative position balances for swaps referenced in shares and ADRs remained unchanged at the end of the month (30,419,700 and 26,974,653 respectively), despite the interim maturity and conclusion of specific swap contracts.
Guidance, Outlook, and Risks
This filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a statutory disclosure of specific securities and derivative movements required by Brazilian regulatory authorities.
Investor Verification Checklist
- Verify the impact of the 12,595 share buyback on the company's total share count and earnings per share.
- Review the specific terms and settlement dates of the Total Return Swaps executed with Banco Bradesco to understand hedging strategies.
- Confirm that the derivative transactions were executed at fair market value relative to the trading prices on the specific dates (May 6, 15, 16, 23, and 31).
- Note that this document does not contain quarterly or annual financial performance data; refer to Form 20-F or quarterly reports for those metrics.