Coca-Cola Consolidated, Inc. has announced the finalization of a 10-for-1 stock split, approved by its stockholders, with shares expected to trade on a split-adjusted basis starting on or about May 27, 2025. Stockholders will receive nine additional shares for each share of common stock or class B common stock held, and the amendment to effect the forward stock split was approved at the company's annual meeting of stockholders on May 13, 2025.
Coca-Cola Consolidated, the largest Coca-Cola bottler in the United States, operates in 14 states and the District of Columbia, serving approximately 60 million consumers with a portfolio of more than 300 brands and flavors. The company has been deeply committed to consumers, customers, and communities for over 123 years.
Additionally, the company's Chairman and Chief Executive Officer, J. Frank Harrison, III, stated that the stock split is expected to make the company's stock more accessible to a broader range of investors.
No specific financial metrics or changes in performance were mentioned in the press release. Today the company's shares have moved 1.15% to a price of $1175.86. For more information, read the company's full 8-K submission here.
