Coca-Cola Announces Upcoming Stock Split
Shareholders Approve Two-for-One Split
Atlanta, Georgia - August 10, 2023
Shareowners of The Coca-Cola Company (NYSE: KO) today approved a two-for-one stock split that will take effect on September 15, 2023. This will be the eleventh stock split in the company's history.
The split is intended to make the company's stock more accessible to a broader range of investors. "We believe that this split will enhance the liquidity of our stock and make it more attractive to a wider range of shareholders," said James Quincey, Chairman, and CEO of The Coca-Cola Company.
The last stock split for Coca-Cola was a two-for-one split in 2012. Prior to that, the company had split its stock six times since its initial public offering in 1962.
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