Coca-Cola Files 8-K on Executive Changes and Debt
Ticker: KO · Form: 8-K · Filed: Oct 17, 2024 · CIK: 21344
| Field | Detail |
|---|---|
| Company | Coca Cola CO (KO) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.25, $90,000, $200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, debt-issuance, filing
TL;DR
Coca-Cola's 8-K drops today: new execs, new pay plans, and a bunch of new debt notes.
AI Summary
On October 17, 2024, The Coca-Cola Company filed an 8-K detailing several executive appointments and compensatory arrangements. The filing also includes information on various debt issuances, such as "A1.875NotesDue2026" and "A3.375NotesDue2033", indicating ongoing financial activities and management changes.
Why It Matters
This filing signals potential shifts in leadership and provides insight into Coca-Cola's capital structure and financing strategies through its various note issuances.
Risk Assessment
Risk Level: low — The filing primarily concerns routine executive appointments and debt issuances, which are standard corporate actions and do not indicate significant new risks.
Key Players & Entities
- COCA COLA CO (company) — Filer
- A1.875NotesDue2026 (dollar_amount) — Debt Instrument
- A3.375NotesDue2033 (dollar_amount) — Debt Instrument
FAQ
What specific executive positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers', but the specific names and positions are not detailed in the provided text.
What is the maturity date for the 'A1.875NotesDue2026'?
The 'A1.875NotesDue2026' is a debt instrument with a maturity date in 2026.
What is the interest rate for the 'A3.375NotesDue2033'?
The 'A3.375NotesDue2033' is a debt instrument with an interest rate of 3.375%.
What is the filing date of this 8-K report?
This 8-K report was filed on October 17, 2024.
What is the Standard Industrial Classification (SIC) code for The Coca-Cola Company?
The Standard Industrial Classification (SIC) code for The Coca-Cola Company is 2080, which corresponds to BEVERAGES.
Filing Stats: 741 words · 3 min read · ~2 pages · Grade level 8.6 · Accepted 2024-10-17 14:14:59
Key Financial Figures
- $0.25 — ange on which registered Common Stock, $0.25 Par Value KO New York Stock Exchange 1
- $90,000 — o non-employee Directors, consisting of $90,000 to be paid in quarterly installments in
- $200,000 — d in quarterly installments in cash and $200,000 to be paid in deferred share units. The
Filing Documents
- ko-20241017.htm (8-K) — 51KB
- ex991oct17pressreleaseofth.htm (EX-99.1) — 8KB
- ko-20241017_g1.jpg (GRAPHIC) — 230KB
- releaselogoa.jpg (GRAPHIC) — 207KB
- 0000021344-24-000051.txt ( ) — 1195KB
- ko-20241017.xsd (EX-101.SCH) — 7KB
- ko-20241017_def.xml (EX-101.DEF) — 24KB
- ko-20241017_lab.xml (EX-101.LAB) — 47KB
- ko-20241017_pre.xml (EX-101.PRE) — 25KB
- ko-20241017_htm.xml (XML) — 16KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of The Coca-Cola Company, dated October 17, 2024. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. THE COCA-COLA COMPANY (REGISTRANT) Date: October 17, 2024 By: /s/ Monica Howard Douglas Monica Howard Douglas Executive Vice President and Global General Counsel