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 Video: What is a Stock Split?
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| Coca-Cola is a beverage company. Co. owns or licenses and markets nonalcoholic beverage brands including sparkling beverages and a variety of still beverages such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy, and energy drinks. Co.'s nonalcoholic sparkling beverage brands include Coca-Cola and Sprite. Co. markets, manufactures and sells beverage concentrates and syrups, including fountain syrups; and finished sparkling and still beverages. Co.'s operating structure consists of the following operating segments: Europe, Middle East and Africa; Latin America; North America; Asia Pacific; and Bottling Investments. According to our Coca-Cola stock split history records, Coca-Cola has had 9 splits. | |
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Coca-Cola (KO) has 9 splits in our Coca-Cola stock split history database. The first split for KO took place on June 01, 1977. This was a 2 for 1
split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. KO's second split took place on July 01, 1986. This was a 3 for 1
split, meaning for each share of KO owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split. KO's third split took place on May 14, 1990. This was a 2 for 1
split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 6000 share position pre-split, became a 12000 share position following the split. KO's 4th split took place on May 12, 1992. This was a 2 for 1
split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 12000 share position pre-split, became a 24000 share position following the split. KO's 5th split took place on May 13, 1996. This was a 2 for 1
split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 24000 share position pre-split, became a 48000 share position following the split. KO's 6th split took place on August 13, 2012. This was a 2 for 1 split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 48000 share position pre-split, became a 96000 share position following the split. KO's 7th split took place on February 19, 1965. This was a 2 for 1 split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 96000 share position pre-split, became a 192000 share position following the split. KO's 8th split took place on May 19, 1965. This was a 2 for 1 split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 192000 share position pre-split, became a 384000 share position following the split. KO's 9th split took place on June 03, 1968. This was a 2 for 1 split, meaning for each share of KO owned pre-split, the shareholder now owned 2 shares. For example, a 384000 share position pre-split, became a 768000 share position following the split.
When a company such as Coca-Cola splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. Looking at the Coca-Cola stock split history from start to finish, an original position size of 1000 shares would have turned into 768000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Coca-Cola shares, starting with a $10,000 purchase of KO, presented on a split-history-adjusted basis factoring in the complete Coca-Cola stock split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
06/18/2008 |
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| End date: |
06/15/2018 |
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| Start price/share: |
$26.58 |
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| End price/share: |
$44.12 |
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| Starting shares: |
376.22 |
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| Ending shares: |
512.64 |
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| Dividends reinvested/share: |
$11.36 |
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| Total return: |
126.18% |
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| Average Annual Total Return: |
8.51% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$22,625.62 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/18/2008 |
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| End date: |
06/15/2018 |
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| Start price/share: |
$26.58 |
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| End price/share: |
$44.12 |
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| Dividends collected/share: |
$11.36 |
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| Total return: |
108.73% |
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| Average Annual Total Return: |
7.64% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$20,876.10 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 06/01/1977 | 2 for 1
| | 07/01/1986 | 3 for 1
| | 05/14/1990 | 2 for 1
| | 05/12/1992 | 2 for 1
| | 05/13/1996 | 2 for 1
| | 08/13/2012 | 2 for 1 | | 02/19/1965 | 2 for 1 | | 05/19/1965 | 2 for 1 | | 06/03/1968 | 2 for 1 |
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