secwatch.observer — SEC 8-K summary
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Issuer:     COCA COLA CO (KO)
CIK:        0000021344
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001552781-22-000242
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola suspends business in Russia; notes 1-2% revenue exposure in 2021
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- Company suspends operations in Russia citing tragic events in Ukraine.
- In 2021, Russia and Ukraine contributed ~1-2% of consolidated net revenues and operating income.
- As of Dec. 31, 2021, Coca-Cola held ~21% ownership in bottling partner Coca-Cola HBC AG in region.
- Company will continue to monitor and assess situation as circumstances evolve.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21344/000155278122000242/0001552781-22-000242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21344/000155278122000242/e22134_ko-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-22-000242

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