coca-cola bottling co. consolidated (ccbcc) is the nation's largest independent coca-cola bottler. ccbcc was started in 1902, when j.b. harrison began selling coca-cola in bottles in greensboro, n.c., launching north carolina's first coca-cola bottling company. ccbcc is still a family-owned and operated business. board chairman j. frank harrison, iii, great-grandson of the company's founder, became ceo in 1997. we make, sell, and distribute more than 250 brands and flavors in a wide variety of package types and sizes in multiple channels. we operate in 14 states, primarily in the southeast, with corporate offices located in charlotte, north carolina. our stock is traded on the nasdaq exchange under the symbol coke. community • environment • stewardship • at coca-cola bottling co. consolidated, our commitment to serve others, pursue excellence, and grow profitably links directly to our overarching purpose: “to honor god in all we do.” we are innovators in the bottling field and ou
Company profile
Ticker
COKE
Exchange
Website
CEO
J. Frank Harrison
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
COCA COLA BOTTLING CO CONSOLIDATED /DE/
SEC CIK
Corporate docs
Subsidiaries
CCBCC, Inc. • CCBCC Operations, LLC • Chesapeake Treatment Company, LLC • Consolidated Beverage Co. • Consolidated Real Estate Group, LLC • Data Ventures, Inc. • Heath Oil Co., Inc. • TXN, Inc. • Tennessee Soft Drink Production Company • CCBC of Wilmington, Inc. ...
IRS number
560950585
COKE stock data
Latest filings (excl ownership)
SC TO-I/A
Issuer tender offer statement (amended)
29 May 24
8-K
Entry into a Material Definitive Agreement
29 May 24
8-K
Entry into a Material Definitive Agreement
24 May 24
424B2
Prospectus for primary offering
23 May 24
SC TO-I/A
Issuer tender offer statement (amended)
21 May 24
FWP
Free writing prospectus
21 May 24
SC TO-I/A
Issuer tender offer statement (amended)
21 May 24
424B3
Prospectus supplement
21 May 24
SC TO-I
Issuer tender offer statement
20 May 24
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
Latest ownership filings
3
Jason David Hickey
17 May 24
4
Morgan Harrison Everett
17 May 24
SC 13D/A
COCA COLA CO
6 May 24
4
J FRANK HARRISON III
20 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
26 Jan 24
SC 13G/A
Wells Sue Anne H.
18 Jan 24
SC 13G/A
HARRISON DEBORAH S
18 Jan 24
3
Nathaniel Brent Tollison
15 May 23
3
Elaine Moyese Bowers Coventry
15 May 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 401.26 mm | 401.26 mm | 401.26 mm | 401.26 mm | 401.26 mm | 401.26 mm |
Cash burn (monthly) | 78.00 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 169.36 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 231.90 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
42.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 67 |
Opened positions | 14 |
Closed positions | 258 |
Increased positions | 8 |
Reduced positions | 19 |
13F shares | Current |
---|---|
Total value | 256.10 bn |
Total shares | 3.55 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
KO Coca-Cola | 2.48 mm | $647.00 mm |
Harrison J Frank Iii | 535.18 k | $263.84 mm |
International Assets Investment Management | 188.47 k | $203.00 k |
Diversified Trust | 146.86 k | $136.34 bn |
Vaughan Nelson Investment Management | 43.57 k | $40.45 mm |
HNNA Hennessy Advisors | 32.66 k | $30.32 bn |
Tributary Capital Management | 29.88 k | $27.74 bn |
Assenagon Asset Management | 18.53 k | $17.20 bn |
Allspring Global Investments | 14.53 k | $13.49 bn |
Mutual Of America Capital Management | 8.19 k | $7.61 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Jan 24 | Morgan Harrison Everett | Common Stock | Acquire L | Yes | No | 907 | 1 | 907.00 | 4 | |
18 Jan 24 | Morgan Harrison Everett | Common Stock | Acquire L | Yes | No | 908.95 | 1 | 908.95 | 3 | |
18 Dec 23 | Morgan Harrison Everett | Common Stock | Buy | Acquire P | Yes | No | 856 | 2 | 1.71 k | 2 |
17 Mar 23 | Harrison J Frank Iii | Class B Common Stock Common Stock | Other | Dispose J | Yes | No | 132001.76 | 444.916 | 58.73 mm | 390,620 |
3 Jan 23 | Harrison J Frank Iii | Class B Common Stock Common Stock | Other | Acquire J | Yes | No | 283.8216228047719 | 39,062 | 11.09 mm | 390,620 |
15 Aug 22 | Harrison J Frank Iii | Class B Common Stock Common Stock | Other | Acquire J | Yes | No | 301.7621543502076 | 35,789.776 | 10.80 mm | 390,620 |
News
Coca-Cola Consolidated Commences Tender Offer To Purchase Up To $2B In Value If Its Common Stock; Not Less Than $850 And Not More Than $925 Per Share
20 May 24
Why Beyond Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
7 May 24
Tempur Sealy Posts Upbeat Earnings, Joins FibroGen, Coca-Cola Consolidated, Fabrinet And Other Big Stocks Moving Higher On Tuesday
7 May 24
Intends To Purchase Up To $3.1B Of Its Common Stock Through Both A Modified "Dutch Auction" Tender Offer For Up To $2B Of Its Common Stock And A Separate Share Purchase Agreement With The Coca‑Cola Company
6 May 24
Coca-Cola Consolidated Q1 Adj $17.33 Up From $16.23 YoY, Sales $1.60B Up From $1.57B YoY
6 May 24