I need to read through this 10-Q filing for Molson Coors Beverage Company and produce an article based on the substantive financial disclosures. Let me check the content carefully. The filing is a 10-Q for the quarterly period ended September 30, 2026. I need to find the financial data in the filing. Looking at the content provided, I have the cover page, table of contents, glossary, and the beginning of the cautionary statement, but the actual financial statements and MD&A content appear to be cut off. Let me assess the substantive disclosure content. The filing text provided includes the cover page info (share counts, exchange listings) and structural elements, but the actual financial figures from the statements are not included in the excerpt. However, the cover page does contain verifiable facts: share counts, exchange listings, and filing period. The substantive content I can confirm includes: - Filing type: Form 10-Q - Period: September 30, 2026 - Company: Molson Coors Beverage Company - Exchange: NYSE, symbols TAP (Class B) and TAP.A (Class A) - Share counts as of October 29, 2026 - Americas Restructuring Plan announced in October 2025 mentioned - Exchangeable share counts The substantive content (excluding boilerplate, cover, legends) is thin but does include share count disclosures and some references to business matters. I'll work with what is available.

Molson Coors Beverage Company filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on November 5, 2026, covering the fiscal quarter ended September 30, 2026.

Key Highlights

  • Class B Common Stock outstanding: 173,017,657 shares as of October 29, 2026, according to the filing.
  • Class A Common Stock outstanding: 2,563,034 shares as of October 29, 2026, per the filing.
  • Canadian exchangeable shares: 2,678,963 Class A exchangeable shares and 7,093,946 Class B exchangeable shares were outstanding as of October 29, 2026, held in Molson Coors Canada Inc., a wholly-owned subsidiary.
  • Exchange listings: Class A Common Stock (NYSE:TAP.A) and Class B Common Stock (NYSE:TAP) are listed on the New York Stock Exchange; Canadian exchangeable shares trade on the Toronto Stock Exchange under TPX.A and TPX.B.
  • Restructuring referenced: The filing references an Americas Restructuring Plan announced in October 2025, with expected charges and benefits discussed in the MD&A section.
  • Large accelerated filer: The registrant is classified as a large accelerated filer, as indicated on the cover page.

Molson Coors Q3 2026 Quarterly Filing: Share Structure and Key Disclosures

Molson Coors Beverage Company, incorporated in Delaware and headquartered in Golden, Colorado and Montreal, Quebec, submitted its Form 10-Q for the quarterly period ended September 30, 2026. The filing carries Commission File Number 1-14829 and reports under I.R.S. Employer Identification Number 84-0178360. The company's Class B Common Stock trades on the New York Stock Exchange under NYSE:TAP, and its Class A Common Stock trades under NYSE:TAP.A, each with a par value of $0.01 per share. The company also has 3.800% Senior Notes due 2032 listed on the NYSE under the symbol TAP 32.

As of October 29, 2026, the company reported 173,017,657 shares of Class B Common Stock and 2,563,034 shares of Class A Common Stock outstanding. In addition, Molson Coors Canada Inc., described in the filing as a wholly-owned subsidiary, had 2,678,963 Class A exchangeable shares and 7,093,946 Class B exchangeable shares outstanding on the same date. According to the filing, these exchangeable shares "are intended to provide substantially the same economic and voting rights as the corresponding class of Molson Coors common stock in which they may be exchanged" and trade on the Toronto Stock Exchange under TPX.A and TPX.B. The company also disclosed one outstanding share each of Special Class A voting stock and Special Class B voting stock, which serve as voting mechanisms for holders of the Canadian exchangeable shares.

The filing's forward-looking statements section, subject to the company's cautionary language under the Private Securities Litigation Reform Act of 1995, references several business topics including the Americas Restructuring Plan announced in October 2025. According to the filing, the MD&A section addresses expectations related to that plan's "anticipated charges and benefits," alongside topics such as cost inflation, tariffs, commodity prices, consumer preferences, volume trends, and capital resources. The company confirmed it has filed all required Exchange Act reports during the preceding 12 months and submitted all required Interactive Data Files.

What Was Disclosed

Molson Coors filed its Form 10-Q for the quarter ended September 30, 2026, disclosing share counts for all classes of common and exchangeable stock as of October 29, 2026, exchange listings, and references to an Americas Restructuring Plan originally announced in October 2025.