Coca-Cola Consolidated (COKE) announced that its 10-for-1 split of the company’s Common Stock and Class B Common Stock has been approved by its stockholders, and shares of the company’s stock are expected to begin trading on a split-adjusted basis at market open on or about May 27. On May 23, stockholders will receive nine additional shares for each share of Common Stock or Class B Common Stock held.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COKE: