Coca-Cola Consolidated Board of Directors Approves 10 for 1 Stock Split

Core Points - Coca-Cola Consolidated, Inc. announced a 10-for-1 stock split for its Common Stock and Class B Common Stock, pending stockholder approval [1][2] - The stockholder approval for the amendment to the Company's Restated Certificate of Incorporation will be sought at the Annual Meeting on May 13, 2025 [2] - If approved, stockholders of record as of May 16, 2025, will receive 9 additional shares for each share held, with distribution expected around May 23, 2025 [3] - The shares are anticipated to begin trading on a split-adjusted basis on or about May 27, 2025 [3] - The Chairman and CEO expressed that the stock split aims to enhance accessibility for a broader range of investors, reflecting the company's strong financial performance and increased investor interest [4] Company Overview - Coca-Cola Consolidated, Inc. is the largest Coca-Cola bottler in the United States, serving approximately 60 million consumers across 14 states and the District of Columbia [5] - The company has been operational for over 123 years, focusing on a diverse portfolio of beverages and services [5] - The company's purpose emphasizes honoring God, serving others, pursuing excellence, and achieving profitable growth [5]