secwatch.observer — SEC 8-K summary
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Issuer:     Coca-Cola Consolidated, Inc. (COKE)
CIK:        0000317540
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0000317540-24-000049
Event type: dividend
Sentiment:  positive
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola Consolidated raises quarterly dividend to $2.50 from $0.50, authorizes $1B buyback
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- Quarterly dividend increased to $2.50/share from $0.50; payable Nov 8, 2024 to holders of record Oct 25, 2024.
- Board approved $1.0B share repurchase program for Common Stock; no expiration, timing at management's discretion.
- Chairman & CEO cites strong profitability and balance sheet as enabling increased capital return to stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317540/000031754024000049/0000317540-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317540/000031754024000049/coke-20240820.htm
  HTML page:      https://secwatch.observer/filing/0000317540-24-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer