The Coca-Cola Company Buyback
OLI recorded this information on 10/18/2012
Company:
The Coca-Cola Company
Buyback:
KO buyback
Share Amount Authorized:
500,000,000.00
Buyback Details:
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.
The Coca-Cola Co. is a beverage company. Co.'s segments include Europe, Middle East and Africa, Latin America, North America, Asia Pacific, Global Ventures and Bottling Investments. It owns or licenses and markets various beverage brands, which are grouped into categories, such as Trademark Coca-Cola; sparkling flavors; water, sports, coffee and tea; juice, value-added dairy and plant-based beverages and emerging beverages. It owns and markets various nonalcoholic sparkling soft drink brands, including Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, Fanta, Fresca, Schweppes, Sprite and Thums Up.
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Avg. Broker Rec.
 
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Buy (3.48 out of 4) 56th percentile
(ranked higher than approx. 56% of all stocks covered)
Analysts' Target Price: KO Stock Forecast Based on Zacks ABR data; powered by Xignite |
