Anheuser-Busch Background
Interior Navigation Design Element
Great People Make a Company Great

Anheuser-Busch is a wholly owned subsidiary of Anheuser-Busch InBev (Euronext: ABI, NYSE: BUD).  For more investor information, visit

Anheuser-Busch InBev ADRs are traded on the New York Stock Exchange under ticker BUD. You can purchase or sell Anheuser-Busch InBev ADRs through your broker.

An ADR is a receipt representing the right to receive shares of a non-U.S. company.  ADRs trade like any other U.S. security, are quoted and pay dividends in U.S. dollars, and provide transparency for U.S. investors by providing Company materials in English.

Anheuser-Busch InBev ADR Details:
Ticker: BUD
Exchange: New York Stock Exchange
Ratio: 1 ADR = 1 Ordinary share
CUSIP: 03524A108
Country: Belgium
Industry: Consumer Products


Anheuser-Busch InBev pays cash dividends once a year, so exchange-rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs on the conversion into U.S. dollars of cash dividends paid in euro on the ordinary shares represented by the ADRs.


Anheuser-Busch InBev has historically paid an annual cash dividend. Any cash dividends paid to ADR holders on behalf of Anheuser-Busch InBev will be paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. Further, cash dividends paid by Anheuser-Busch InBev are subject to 25% withholding tax under Belgian law.

Under the income tax conventions between the United States & Belgium and Canada & Belgium, United States and Canadian residents are eligible for reduced Belgian withholding tax (for most people, at a rate of 15% rather than the standard 25%).

ADR holders eligible for the refund must be residents of the United States or Canada in accordance with the aforementioned Convention. Contact your broker or tax advisor for more information and any applicable U.S. tax forms.

For more information regarding Belgian tax withholding and the tax reclamation process, please contact The Bank of New York Mellon / GlobeTax at 1-800-915-3536 and/or your tax advisor.

Contact Information

Bank of New York Mellon Shareholder Services
Anheuser-Busch InBev Dedicated Toll Free

Interior Navigation Design Element