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Warren Buffett is Coca-Cola's biggest shareholder. Berkshire Hathaway owns 400 million shares of the soft drink giant, a stake worth nearly $16.2 billion. PepsiCo is nowhere to be found in the ...
Here are three of Buffett's biggest buys, all of which remain smart investments today. 1. Coca-Cola. Berkshire Hathaway has owned shares of Coca-Cola (NYSE: KO) for more than 35 years. The ...
Coca-Cola has been one of Warren Buffett's top holdings since 1988. Berkshire still holds 400 million shares of Coca-Cola, which gives it a 9.3% stake in the beverage maker; that massive position ...
In 1988, Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1.02 billion. [46] It would turn out to be one of Berkshire's most lucrative investments and one which it still holds.
The Coca-Cola Company decided to consolidate the many independent bottling groups in the Coca-Cola System. Previously, independent businesses in remote geographic areas bottled Coca-Cola products and distributed the merchandise to stores. In 1980, Coca-Cola acquired the Coca-Cola Bottling Company of New York for $215 million. [7]
The following is a list of assets owned by the Coca-Cola Company. The Coca-Cola Company had equity positions in 51 unconsolidated bottling, canning and distribution operations which produced approximately 58% of volume. Significant investees include:
Four hundred million shares of The Coca-Cola Co. are owned by Berkshire Hathaway, making it the largest single holder of shares. The $24 billion worth of stock represents 9.25% of the ...
Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States. [ 3 ] The company makes, sells and distributes Coca-Cola products along with other beverages, distributing to a market of 65 million people in 14 states. [ 4 ]