Coca-Cola Bottling Co. Consolidated plans 10-for-1 stock split to increase accessibility and attract investors

From Yahoo Finance: 2025-05-21 12:54:00

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) plans a 10-for-1 stock split to make shares more accessible. The move follows a 7% year-to-date slide in stock value. The split aims to attract a broader range of investors by reducing share price, increasing liquidity, and reflecting strong growth since 2023.

The stock’s share price of over $1,000 has limited accessibility, prompting the split to allow investors to own more shares at a lower value. Coca-Cola Consolidated last split shares in 1998 and produces and distributes beverages across multiple U.S. regions using syrup from The Coca-Cola Company.

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Read more: Coca-Cola Consolidated Approves 10-for-1 Stock Split: Retail Upbeat