Summary
The Coca-Cola Company filed an 8-K on September 18, 2016, to disclose updated operating segment information. Effective August 1, 2016, the company reorganized its structure by merging the previous Europe and Eurasia and Africa operating groups into a new consolidated Europe, Middle East and Africa (EMEA) operating group. This change results in a revised organizational structure consisting of six operating segments: Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Bottling Investments; and Corporate. Investors should note that the attached Exhibit 99.1 provides unaudited reclassified operating segment data reflecting this new structure. While this information is being disclosed, it is important to understand that it is not considered "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Key Highlights
- 1The Coca-Cola Company has reorganized its operating segments, creating a new Europe, Middle East and Africa (EMEA) group.
- 2This change consolidates the previous Europe and Eurasia and Africa operating groups.
- 3The new operating segment structure consists of six segments: EMEA, Latin America, North America, Asia Pacific, Bottling Investments, and Corporate.
- 4The filing includes a schedule of unaudited reclassified operating segment data reflecting this organizational change.
- 5This reclassification became effective on August 1, 2016.
- 6The disclosed information is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934.