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0.00948760617364762 0.00554429521203181 0.0110649305582939 0.00822574666593063 0.00791028178900129 0.0110807038021404 0 0.0134309171352634
Stock impact report

Coca-Cola Consolidated Announces Dividend Increase and Share Repurchase Program

Coca-Cola Consolidated, Inc. (COKE) 
Company Research Source: GlobeNewswire
Quarterly dividend increased to $2.50 per share, up from $0.50 per shareBoard of Directors approves $1.0 billion share repurchase program CHARLOTTE, N.C., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced today that its Board of Directors increased the Company’s quarterly dividend to $2.50 per share (up from $0.50 per share). The increased dividend will be payable November 8, 2024 to Common Stock and Class B Common Stock stockholders of record as of October 25, 2024. The Company’s Board of Directors also approved a $1.0 billion share repurchase program for the Company’s Common Stock. The authorization to repurchase shares is at management’s discretion with respect to the timing and amount of the repurchases. “As we’ve previously stated, the progress we’ve made improving our profitability and strengthening our balance sheet allows us to reinvest in our business and our teammates while taking steps to build long-term value for our stockho Show less Read more
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