Eos Energy announces stock offering to fund convertible note buyback
Coca-Cola Bottling Co Consolidated stock reached an all-time high of 146.24 USD, marking a significant milestone for the company. This peak reflects a robust 18.67% increase over the past year, underscoring the stock's strong performance in the market. The achievement of this all-time high comes amid a year of strategic growth and expansion for the company, highlighting investor confidence and market optimism surrounding Coca-Cola Bottling Co Consolidated's future prospects.
In other recent news, Coca-Cola Consolidated has completed a significant transaction by buying back a $2.4 billion stake from The Coca-Cola Company. The purchase involved 18.8 million shares at $127 per share from Carolina Coca-Cola Bottling Investments, Inc., and was funded through cash on hand and a $1.2 billion, 364-day term loan facility. Additionally, Coca-Cola Consolidated announced a quarterly dividend of $0.25 per share for the fourth quarter of 2025. This dividend will be paid on November 7, 2025, to shareholders recorded as of October 24, 2025. In executive news, Robert G. Chambless, Executive Vice President of Franchise Beverage Operations, has announced his intention to retire in 2027. Chambless will transition to the role of Executive Vice President, Senior Advisor to the Chairman and CEO, starting January 1, 2026. In this new position, he will assist with transitioning his responsibilities and offer strategic advice to the company's leadership.
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