other material
confidence high
sentiment neutral
materiality 0.60
Coca-Cola Consolidated completes $553.7M share repurchase from Coca-Cola subsidiary
Coca-Cola Consolidated, Inc.
- Purchased 598,619 shares from Carolina Coca-Cola Bottling Investments at $925 per share.
- Aggregate purchase price of approximately $553.7 million.
- Transaction closed July 5, 2024, per May 6, 2024 purchase agreement.
- Shares acquired from indirect wholly-owned subsidiary of The Coca-Cola Company.