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Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
The real surprise today was Coca-Cola Consolidated's announcement of a plan to repurchase up to $3.1 billion of its stock. For perspective, the company had a market cap of $8 billion before the announcement. Therefore, its buyback plan represented nearly 40% of the company, which is unheard of.
Coca-Cola Consolidated Reports First Quarter 2024 Results and Announces the Intention to Repurchase Up to $3.1 Billion of its Common Stock
Income from operations for the first quarter of 2024 was $215 million, up $9 million, or 5%, versus the first quarter of 2023.Operating margin
Coca-Cola Stock Analysis: Key Insights and Trends
Super Bowl commercials are famous for pulling out all the stops to be memorable. Still, some companies have timeless classics that don’t need rebranding: the Budweiser Clydesdales, the E*TRADE babies and,
Coca-Cola Consolidated Shares Jump After 1Q Results, $3.1B Share Repurchase Plan
By Zaeem Shoaib Coca-Cola Consolidated shares jumped after the company reported a higher profit for the first quarter and announced a $3.1 billion
9h
Coca-Cola continues gains for seven straight sessions
Coca-Cola Company ( NYSE: KO) shares continued gains for seventh straight sessions, as the stock closed nearly 0.2% higher at ...
4d
on MSN
Coca-Cola Is About to Do Something It Hasn't Done in 10 Years
Coca-Cola has been a reliable dividend superstar for decades, but its stock price hasn't been as impressive, trailing the ...
12h
Long-time Coca-Cola executive tapped to lead Coke Foundation
“Carlos has tremendous global experience with the company and will bring a wealth of insights to his expanded role as leader ...
1d
on MSN
Philly’s Coca Leaves & Pearls plays Neil Young’s music. But they’re not your average tribute band.
Philadelphia guitarists Chris Forsyth and Nick Millevoi are no strangers to Neil Young’s often exploratory live shows. When ...
ET Now on MSN
21h
Life in plastic, it's NOT fantastic! The Coca-Cola Company TOP polluter for 6th year - Sponsored COP 27 summit
Globally, the company which emerged as the biggest plastic polluter for the 6th straight year in 2023 was the sponsor of the ...
Atlanta Journal-Constitution
4h
New leader named for Coca-Cola Foundation
Coca
-Cola has announced a new leader of its namesake philanthropic arm. Carlos Pagoaga has been named president of the
Coca
-Cola Foundation and has also been appointed as vice president of global ...
1d
on MSN
Birmingham seeks to help Coca-Cola UNITED move to new home
Birmingham is working out an agreement for Coca-Cola UNITED to move from its current home just north of ...
LEADERSHIP Newspaper
28m
USAID, Coca-Cola Foundation Partner TechnoServe On Nigeria Plastic Solutions
The United States Agency for International Development (USAID), in collaboration with
Coca
-Cola Foundation and TechnoServe ...
WISN 12 NEWS
1d
RETRO FIND: Coca-Cola muffins, cobbler and soup recipes for National Have A Coke Day
Coca-Cola muffins, Coca-Cola cobbler, Coca-Cola salad? Would you try these cola-infused recipes from 30 years ago?
Access WDUN
1d
Carlos Pagoaga to be Named President of The Coca-Cola Foundation
The Coca-Cola Company today announced that Carlos Pagoaga, a 34-year veteran of the company, will be named Vice President of ...
7h
Fiji's Coca-Cola Games will consider dropping branding for 50th edition in 2025
The director of Fiji's biggest sporting event says they will drop the name and branding of Coca-Cola for next years' 50th ...
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