04:53 PM EST, 03/04/2025 (MT Newswires) -- Coca-Cola Consolidated ( COKE ) said Tuesday its board approved a 10-for-one stock split of the company's common shares and class B common shares.
The stock split is conditional on approval by the company's shareholders to increase the number of authorized shares, according to Coca-Cola.
The company plans to seek stockholder approval at the annual meeting on May 13 and will distribute the additional shares by May 23 to shareholders on May 16.
Coca-Cola shares will start trading on a split-adjusted basis on May 27, the company added.