AMBEV S.A. current report, Q1 FY2023

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Business Context and Reporting Period

This Form 6-K filing by Ambev S.A. covers the month of March 2023 and was filed on April 10, 2023. The report is submitted pursuant to Article 11 of CVM Instruction # 358/2002, detailing transactions involving the company's own securities and derivatives.

Key Financial Metrics

The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. Instead, it reports on treasury share activity:

  • Initial Treasury Balance: 8,482,160 Common Shares.
  • Final Treasury Balance: 7,859,137 Common Shares.
  • Net Change: Reduction of 623,023 Common Shares.

Material Changes and Transactions

During March 2023, Ambev S.A. executed three specific transactions regarding its common shares:

  1. Delivery of Restricted Shares: On March 3, 688,024 shares were delivered directly to the company at a price of R$ 13.12 per share (Total Volume: R$ 9,026,874.88).
  2. Share Acquisition Plan (March 3): 34,943 shares were purchased directly from the company at R$ 13.11 per share (Total Volume: R$ 458,102.73).
  3. Share Acquisition Plan (March 24): 30,058 shares were purchased directly from the company at R$ 13.89 per share (Total Volume: R$ 417,505.62).

The net effect of these transactions was a decrease in the number of outstanding shares held in treasury.

Guidance, Outlook, and Risks

The filing text does not provide management commentary, future guidance, outlook, risk factors, or contingencies. The document is strictly a regulatory disclosure of specific securities transactions.

Investor Verification Checklist

  • Verify the impact of the 623,023 share reduction on total outstanding shares and earnings per share (EPS) in the next quarterly report.
  • Confirm the source of funds used for the share acquisition plan transactions (R$ 875,608.35 total).
  • Review the terms of the "Restricted Shares" delivered on March 3 to understand vesting or forfeiture conditions.
  • Check subsequent filings for any changes in the treasury share balance following this reporting period.