The split is the eleventh in the stock’s 92-year history and the first in 16 years. Since its original listing, the stock previously has split 10 times – first in 1927 and most recently in 1996. With all dividends reinvested annually, one share of common stock purchased for $40 in 1919 would be worth approximately $10.3 million today.
Coca-Cola’s stock traded as high as $78.60 per share on July 10, up from the previous day’s close of $77.98.
