other material
confidence high
sentiment positive
materiality 0.55
Coca-Cola Consolidated announces 10-for-1 stock split subject to shareholder approval
Coca-Cola Consolidated, Inc.
- Board approves 10-for-1 split of Common Stock and Class B Common Stock; requires shareholder vote at May 13, 2025 annual meeting.
- Record date for split is May 16, 2025; additional shares distributed on or about May 23, 2025.
- Split-adjusted trading expected to begin on May 27, 2025.
- CEO J. Frank Harrison says split will make stock more accessible to broader investors as shares trade near all-time high.