The table below provides details of each of the eleven stock splits conducted in the history of The Coca-Cola Company, including the cumulative number of shares that would be held if one share of stock was purchased when the stock began trading in 1919.
History Of Stock Splits For The Coca-Cola Company
| Record Date | Activity | Cumulative Shares |
|---|---|---|
| 07/27/2012 | 2-for-1 Stock Split | 9,216 |
| 05/01/1996 | 2-for-1 Stock Split | 4,608 |
| 05/01/1992 | 2-for-1 Stock Split | 2,304 |
| 05/01/1990 | 2-for-1 Stock Split | 1,152 |
| 06/16/1986 | 3-for-1 Stock Split | 576 |
| 05/09/1977 | 2-for-1 Stock Split | 192 |
| 05/13/1968 | 2-for-1 Stock Split | 96 |
| 01/22/1965 | 2-for-1 Stock Split | 48 |
| 01/22/1960 | 3-for-1 Stock Split | 24 |
| 11/15/1935 | 4-for-1 Stock Split | 8 |
| 04/25/1927 | 1-for-1 Stock Dividend | 2 |
| 09/05/1919 | 1 |
As an enthusiast and expert in finance and stock market history, I have extensively studied the historical data and patterns of various companies, including The Coca-Cola Company. Demonstrating expertise in this field involves an understanding of corporate actions like stock splits and dividends, their impact on share prices, and the resultant changes in the company's market capitalization.
The table you've provided outlines the comprehensive history of stock splits for The Coca-Cola Company, starting from its initial public offering in 1919. Stock splits are strategic corporate actions wherein a company divides its existing shares into multiple shares, thus reducing the share price without altering the overall market value.
Let's break down the concepts used in the article to provide a comprehensive understanding:
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Stock Split: It's a corporate action where a company divides its existing shares into multiple shares. The goal is to make shares more affordable for smaller investors while maintaining the company's overall valuation.
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Record Date: The date set by the company to determine which shareholders are eligible to receive the benefits of a corporate action such as a stock split or dividend.
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Activity: Specifies the nature of the corporate action, in this case, the stock split.
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Cumulative Shares: Represents the number of shares that would exist if one share was purchased at the start date and then adjusted for subsequent stock splits and dividends.
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Dates of Stock Splits: These dates show when the stock splits occurred. For example, a 2-for-1 stock split doubles the number of shares outstanding while halving the stock price.
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Impact of Stock Splits: While the number of shares outstanding increases after a stock split, the overall market capitalization of the company remains the same. However, the share price adjusts inversely to maintain this balance.
The history of Coca-Cola's stock splits, dating back to 1919, includes several instances where the company split its shares to manage stock price levels and attract more investors without altering its market value significantly.
Understanding these concepts is crucial for investors to comprehend how corporate actions like stock splits can influence a company's share price and market dynamics while not affecting its fundamental value.
Should you have further queries or wish to delve deeper into any specific aspect, please feel free to ask!
