BUD APAC Maintains Stable Share Base in March 2026; Confirms Public Float Compliance

Bulletin Express
04/09

Budweiser Brewing Company APAC Limited (BUD APAC) reported no changes to either its authorised or issued share capital for the month ended 31 March 2026, according to the company’s monthly return filed with Hong Kong Exchanges and Clearing Ltd. on 9 April 2026.

Key figures • Authorised share capital: 18.00 billion ordinary shares at a par value of USD 0.00001, amounting to USD 0.18 million; unchanged from February 2026.

• Issued share capital: 13.24 billion ordinary shares with zero treasury shares; no new shares were issued or cancelled during the month.

• Public float: The company affirmed adherence to the Main Board’s minimum float requirement, maintaining at least 12.61% of issued shares in public hands.

Equity incentive movements • Discretionary Long-Term Incentive Plan—Outstanding options declined slightly to 52.95 million after 21,293 options were cancelled. No shares were issued, no treasury shares were transferred, and no funds were raised from option exercises.

• Other share-based plans—A combined 35,513 restricted stock units were cancelled in March under the Discretionary Restricted Stock Units Plan, Share-Based Compensation Plan, People Bet Plan, and the New Restricted Stock Units Plan. In February, the company had offered up to 11.60 million locked-up shares and 10.56 million RSUs; following employee elections, 3.24 million locked-up shares and 7.01 million RSUs were granted on 27 March 2026.

Capital instruments • No warrants, convertibles, or other share issuance arrangements were reported for the period.

With stable share counts and confirmed regulatory compliance, BUD APAC’s equity structure remained unchanged in March 2026, reflecting a steady capital position while it continues to manage employee incentive programmes within its existing share pool.

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