0828 GMT - Anheuser-Busch InBev's next share buyback program might have to wait until the Bud brewer reports third-quarter results in October, Citi analysts say in a research note. A $2 billion buyback the Belgium-based group announced last year is close to being completed, Citi says. As a result, many investors had been expecting a buyback update with second-quarter earnings, according to Citi. However, recent U.S. dollar moves are affecting the value of the company's debt, the analysts say. Moreover, it seems unlikely the company will have clarity on its third-quarter performance and cash generation by July 31, they add. Shares fall 0.4%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
June 30, 2025 04:28 ET (08:28 GMT)
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