Summary
This 8-K filing from Coca-Cola Company (KO) on August 23, 2012, primarily discloses the completion of a previously announced two-for-one stock split. Shareholder approval for an amendment to the certificate of incorporation to double authorized shares from 5.6 billion to 11.2 billion was secured, facilitating this split. The record date for the stock split was July 27, 2012, with additional shares distributed on August 10, 2012, effectively doubling the number of shares held by each shareholder. To aid investors in understanding the impact of this split on historical financial data, Coca-Cola announced it would provide supplemental financial information on its website. This information will illustrate how certain previously reported share and per-share amounts were affected by the stock split for both 2011 and 2012 quarterly periods, as well as for the full year 2011. Investors should note that the information presented in this 8-K and the accompanying exhibit is not considered 'filed' for regulatory purposes unless specifically incorporated by reference into other SEC filings.
Key Highlights
- 1Coca-Cola Company completed a two-for-one stock split.
- 2The company's authorized common stock was increased from 5.6 billion to 11.2 billion shares.
- 3The record date for the stock split was July 27, 2012.
- 4Additional shares resulting from the stock split were distributed on August 10, 2012.
- 5Shareholders received one additional share for each share held.
- 6Supplemental financial information will be available on the company's website to explain the impact of the stock split on historical per-share data.
- 7The information in this filing is not considered 'filed' for Section 18 of the Exchange Act unless explicitly stated in future filings.