Coca-Cola Consolidated Announces Strategic 10-for-1 Stock Split

In a move designed to enhance liquidity and broaden its investor base, Coca-Cola Consolidated, Inc. has finalized a 10-for-1 stock split, a decision that has been met with approval from its shareholders. This strategic maneuver is set to take effect on May 27, 2025, with trading on a split-adjusted basis commencing at market open.

The company, a prominent player in the consumer staples sector, specializes in the production and supply of non-alcoholic beverages, including energy and sports drinks, bottled water, tea, ready-to-drink coffee, and juices. Coca-Cola Consolidated serves customers across the United States and is listed on the Nasdaq stock exchange.

Details of the Stock Split

The stock split, which was approved by shareholders at the Annual Meeting on May 13, 2025, involves the issuance of nine additional shares for each share of Common Stock or Class B Common Stock held. This adjustment will make the stock more accessible to a wider range of investors, a sentiment echoed by J. Frank Harrison, III, Chairman and Chief Executive Officer. “We are pleased our stockholders supported the 10-for-1 stock split our Board approved earlier this year,” Harrison stated. “We believe this stock split will make our stock more accessible to a broader range of investors.”

Market Reaction and Implications

As of May 15, 2025, Coca-Cola Consolidated’s stock was trading at $1,175.86, with a 52-week high of $1,460.92 and a low of $941.91. The company’s market capitalization stands at $10.13 billion, with a price-to-earnings ratio of 20.22. The stock split is expected to enhance liquidity and potentially attract more retail investors, given the reduced price per share.

The decision to split the stock was part of a broader strategy to make the company’s shares more appealing to a diverse investor base. By lowering the price per share, Coca-Cola Consolidated aims to increase the stock’s accessibility, thereby potentially boosting trading volume and market interest.

Conclusion

Coca-Cola Consolidated’s 10-for-1 stock split marks a significant step in the company’s strategy to enhance shareholder value and market presence. As the company continues to innovate in the beverage industry, this move is expected to play a crucial role in attracting a broader spectrum of investors, thereby supporting its long-term growth objectives.