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Stock impact report

Coca-Cola Consolidated Announces Final Results of Tender Offer

Coca-Cola Consolidated, Inc. (COKE) 
Company Research Source: GlobeNewswire
CHARLOTTE, N.C., June 21, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) (the “Company”) announced today the final results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on June 18, 2024. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer, a total of 14,391.5 shares of the Company’s Common Stock were validly tendered and not validly withdrawn in the tender offer. In accordance with the terms and conditions of the tender offer, the Company has accepted for purchase 14,391.5 shares of its Common Stock at a price of $925 per share, for an aggregate cost of approximately $13.3 million, excluding fees and expenses relating to the tender offer. The Company accepted for purchase all of the shares that were validly tendered and not validly withdrawn in the tender offer. The shares accepted for purchase represent approximately 0.2% of the shares of Common Stock that were issued an Show less Read more
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