09/13/2009 (4:12 pm)

American investors, this BUD’s for you

Filed under: online |

Come Wednesday, BUD will be back.

Anheuser-Busch InBev, the world’s biggest brewer, said Friday that investors will be able to trade its stock on the New York Stock Exchange. The ticker symbol of the financial instrument: BUD.

That’s a blast from the past. BUD was Anheuser-Busch’s ticker symbol for decades before it was delisted from the New York Stock Exchange in November. That’s when Belgian brewer InBev took over Anheuser-Busch. Anheuser-Busch had been listed on the stock exchange since 1980.

The re-appearance of BUD on the Big Board means U.S. investors will be able to invest in the world’s biggest brewer more easily.

Here’s how it works: Investors will be able to buy and sell Anheuser-Busch InBev’s American depositary receipts, which are securities that allow foreign companies to trade in the U.S. Each ADR represents one ordinary share of Anheuser-Busch InBev common stock, which is traded in Europe.

ADRs allow U.S. investors to invest in foreign companies without undertaking cross-border transactions. The stock exchange listing next week upgrades Anheuser-Busch InBev’s existing ADR program, which launched on July 1.

The brewer’s ADRs, which currently trade in the over-the-counter market, closed Friday at $45.45, up 18 percent since they became available about 2

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