0848 GMT - Budweiser brewer AB InBev's capital allocation came as a surprise, RBC analysts James Edwardes Jones and Wassachon Udomsilpa say in a note. Its share buyback was bigger than expected, and resumption of an interim dividend, though small, is significant as a sign of what is to come. The analysts had expected a $3 billion share buyback, and the $6 billion buyback announced was more than anticipated. This, plus a 0.15 euro per share dividend is a sign of intent--or at least, more of a sign than a big capital allocation development--they write. Shares are up 0.6% at 53.32 euros. (aimee.look@wsj.com)

(END) Dow Jones Newswires

October 30, 2025 04:49 ET (08:49 GMT)

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