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Coca-Cola Bottling Co Consolidated (COKE) has provided an announcement.
Coca-Cola Consolidated, Inc. completed a significant stock purchase on July 5, 2024, acquiring 598,619 shares from its indirect parent company, Carolina Coca-Cola Bottling Investments, Inc., at a price of $925 per share, culminating in a total expenditure of approximately $553.7 million. This strategic move, part of an agreement from earlier that year, consolidates the company’s stock, reaffirming its financial maneuvers in the beverage industry.
See more data about COKE stock on TipRanks’ Stock Analysis page.