Ambev Bought 3 Million Shares a Day for 40 Sessions. The Stock Still Fell
Ambev S.A. bought 3 million shares in every B3 trading session from May 5 through June 30, spending R$1.96 billion in a 40-session streak, calculations from regulatory filings showed. June alone accounted for 63 million shares, equal to 12.6% of the stock’s reported monthly turnover.