KO - If You Bought 1 Share of Coca-Cola at Its IPO Here's How Many Shares You'd Own Now
2024-06-26 04:51:00 ET
Companies enacting stock splits are currently all the rage on Wall Street.
A stock split allows a publicly traded company to alter its share price and outstanding share count without impacting its market cap or operating performance. Although all eyes have been on high-profile stock-split stocks like Nvidia and Broadcom , which both recently announced 10-for-1 forward splits , investors shouldn't overlook the time-tested businesses that are truly stock-split champions.
Beverage colossus Coca-Cola (NYSE: KO) is a perfect example.
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If You Bought 1 Share of Coca-Cola at Its IPO, Here's How Many Shares You'd Own Now