Altria Group Files 13D/A Amendment on AB InBev Holdings

TL;DR

Altria updated its AB InBev stake filing. Check for changes in ownership.

AI Summary

Altria Group, Inc. filed an amendment (No. 4) to its Schedule 13D on March 20, 2024, regarding its holdings in Anheuser-Busch InBev SA/NV. The filing indicates a change in the beneficial ownership of Anheuser-Busch InBev ordinary shares.

Why It Matters

This filing provides updated information on significant shareholdings, which can influence investor perception and trading activity for Anheuser-Busch InBev.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can signal shifts in major investor strategies or potential future actions impacting the stock.

Key Players & Entities

• Altria Group, Inc. (company) — Filing party
• Anheuser-Busch InBev SA/NV (company) — Subject company
• W. Hildebrandt Surgner, Jr. (person) — Vice President, Corporate Secretary

FAQ

Key Financial Figures

• $59.9625 — the U.S. Public Offering at a price of $59.9625 per share and 22,750,000 Ordinary Share
• $61.50 — per share. The public offering price is $61.50 per ADS in the Secondary Offering, corr
• $200 million — Issuer agreed to purchase from Altria, $200 million of Ordinary Shares in a private transac

Filing Documents

• d811350dsc13da.htm (SC 13D/A) — 45KB
• 0001193125-24-072688.txt ( ) — 47KB

of the

Item 4 of the Schedule 13D is hereby supplemented as follows: On March 19, 2024, the Secondary Offering and Share Repurchase were consummated. Item5. Interest in Securities of the Issuer The first, second and third paragraphs of Item 5 of the Schedule 13D are hereby amended and restated as follows: As of March 19, 2024, Altria is the beneficial owner of, and has sole dispositive power and shared voting power with respect to, 34,006,520 Ordinary Shares and 125,115,417 Restricted Shares, which are convertible into Ordinary Shares at Altrias option. The Voting Shares described in the preceding sentence represent approximately 8.1% of the 1,971,017,728 Voting Shares issued and outstanding as of March 19, 2024, and approximately 8.1% of the Ordinary Shares deemed to be outstanding based upon the calculation set forth in the third paragraph of this Item 5. Altria may also be deemed to have shared voting power with respect to an additional 928,031,205 Voting Shares, consisting of 96,862,718 Restricted Shares held by Bevco Lux S.à.r.l, formerly known as BEVCO Ltd. ( BEVCO ), 6,000,000 Ordinary Shares held by BEVCO and 825,168,487 Ordinary Shares held by Stichting and certain of its affiliates, by virtue of a voting and support Voting Agreement described in more detail in Item 6 of the Schedule 13D. Accordingly, Altria may be deemed to have aggregate beneficial ownership of 55.2% of the Ordinary Shares deemed to be outstanding based upon the calculation set forth in the following paragraph. The percentages of Ordinary Shares outstanding specified above are based on a total of 1,970,951,153 Ordinary Shares deemed outstanding as of March 19, 2024, which is calculated based upon the sum (i) 1,748,973,018 Ordinary Shares issued and outstanding as of such date and (ii) 221,978,135 Ordinary Shares issuable upon the conversion of Restricted Shares as of such date over which Altria may be deemed to have shared voting power by virtue of the Voting Agreement, which

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View this SC 13D/A filing on SEC EDGAR