The Coca-Cola Company Buyback
OLI recorded this information on 10/18/2012
The Coca-Cola Company
Share Amount Authorized:
The Board of Directors of The Coca-Cola Company today authorized a new share repurchase program of 500 million additional shares of the Company's common stock. The new program will take effect upon the conclusion of the Company's current program, which began in 2006. This will not impact the Company's previously announced targeted range of $2.5 to $3.0 billion in net share repurchases this year.
Coca-Cola is a nonalcoholic beverage company. Co. owns or licenses and markets nonalcoholic beverage brands, which it groups into the following category clusters: sparkling soft drinks; water, enhanced water and sports drinks; juice, dairy and plant-based beverages; tea and coffee; and energy drinks. Co.'s nonalcoholic sparkling soft drink brands are Coca-Cola, Diet Coke, Fanta and Sprite. Co. markets, manufactures and sells beverage concentrates and syrups, including fountain syrups; and finished sparkling soft drinks and other nonalcoholic beverages. Co.'s segments are Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Global Ventures; and Bottling Investments.
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Buy (3.27 out of 4)
(ranked higher than approx. 51% of all stocks covered)
Based on Zacks ABR data;
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