Consumer

AB InBev Launches $6 Billion Buyback as Volumes Decline

Anheuser-Busch InBev kicked off a $6 billion share buyback program, even as it faced a challenging third quarter marked by lower-than-expected beer sales.

The buybackBloomberg Terminal by the brewer of Budweiser and Stella Artois is bigger than analysts forecast that it could range from $2 billion to as much as $4.6 billion.