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The Coca-Cola Company Announces Election of Corporate Officer and Declares Regular Quarterly Dividend

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The Coca-Cola Company (NYSE: KO) has announced two key developments: the election of Carlos Pagoaga as a new corporate officer and vice president, and the declaration of its regular quarterly dividend. Pagoaga, who began his new role on June 1, will serve as Vice President of Global Community Affairs and President of The Coca-Cola Foundation. He will manage all Foundation operations, including grant making and regulatory compliance for philanthropy.

The company has also declared a quarterly dividend of 48.5 cents per common share, payable on October 1 to shareowners of record as of the close of business on September 13. This announcement reaffirms Coca-Cola's commitment to shareholder returns and its financial stability.

The Coca-Cola Company (NYSE: KO) ha annunciato due sviluppi chiave: l'elezione di Carlos Pagoaga come nuovo dirigente e vice presidente, e la dichiarazione del suo dividendo trimestrale regolare. Pagoaga, che ha iniziato il suo nuovo ruolo il 1° giugno, servirà come Vice Presidente degli Affari della Comunità Globale e Presidente della Fondazione Coca-Cola. Gestirà tutte le operazioni della Fondazione, compresa la concessione di sovvenzioni e la conformità normativa per la filantropia.

L'azienda ha anche dichiarato un dividendo trimestrale di 48,5 centesimi per azione comune, che sarà pagabile il 1° ottobre agli azionisti registrati al termine delle operazioni del 13 settembre. Questo annuncio riafferma l'impegno della Coca-Cola a garantire ritorni agli azionisti e la sua stabilità finanziaria.

The Coca-Cola Company (NYSE: KO) ha anunciado dos desarrollos clave: la elección de Carlos Pagoaga como nuevo funcionario corporativo y vicepresidente, y la declaración de su dividendo trimestral habitual. Pagoaga, quien comenzó su nuevo cargo el 1 de junio, servirá como Vicepresidente de Asuntos Comunitarios Globales y Presidente de la Fundación Coca-Cola. Él gestionará todas las operaciones de la Fundación, incluida la concesión de subvenciones y el cumplimiento normativo para la filantropía.

La empresa también ha declarado un dividendo trimestral de 48.5 centavos por acción común, que se pagará el 1 de octubre a los accionistas registrados a cierre de operaciones del 13 de septiembre. Este anuncio reafirma el compromiso de Coca-Cola con los retornos a los accionistas y su estabilidad financiera.

코카콜라 컴퍼니(NYSE: KO)는 두 가지 주요 발표를 했습니다: 새로운 기업 임원 및 부사장으로 Carlos Pagoaga를 선출했으며, 정기 분기 배당금 선언입니다. Pagoaga는 6월 1일부터 새로운 역할을 시작하며, 글로벌 커뮤니티 업무의 부사장과 코카콜라 재단의 회장으로 일할 것입니다. 그는 재단의 모든 운영을 관리하며, 기부 및 필란트로피를 위한 규제 준수 업무를 포함합니다.

회사는 또한 보통주에 대해 48.5센트의 분기 배당금을 선언했으며, 이는 10월 1일9월 13일 업무 종료 시점의 주주에게 지급될 예정입니다. 이 announcement는 코카콜라의 주주 수익 및 재정적 안정성에 대한 약속을 재확인합니다.

The Coca-Cola Company (NYSE: KO) a annoncé deux développements clés : l'élection de Carlos Pagoaga en tant que nouveau cadre et vice-président, ainsi que la déclaration de son dividende trimestriel régulier. Pagoaga, qui a commencé son nouveau rôle le 1er juin, sera vice-président des affaires communautaires mondiales et président de la Fondation Coca-Cola. Il gérera toutes les opérations de la Fondation, y compris l'octroi de subventions et la conformité réglementaire pour la philanthropie.

L'entreprise a également déclaré un dividende trimestriel de 48,5 cents par action ordinaire, payable le 1er octobre aux actionnaires enregistrés à la clôture des affaires le 13 septembre. Cette annonce réaffirme l'engagement de Coca-Cola envers le retour aux actionnaires et sa stabilité financière.

Die Coca-Cola Company (NYSE: KO) hat zwei wesentliche Entwicklungen bekannt gegeben: die Wahl von Carlos Pagoaga als neuen Unternehmensleiter und Vizepräsidenten sowie die Erklärung seiner regulären vierteljährlichen Dividende. Pagoaga, der seine neue Rolle am 1. Juni aufgenommen hat, wird als Vizepräsident für Globale Gemeinschaftsangelegenheiten und Präsident der Coca-Cola-Stiftung fungieren. Er wird alle Aktivitäten der Stiftung leiten, einschließlich der Gewährung von Stipendien und der Einhaltung von Vorschriften für philanthropische Aktivitäten.

Das Unternehmen hat auch eine vierteljährliche Dividende von 48,5 Cent pro Stammaktie erklärt, die am 1. Oktober an Aktionäre ausgezahlt wird, die zum Ende des Geschäftstags am 13. September registriert waren. Diese Ankündigung bekräftigt das Engagement von Coca-Cola für die Rückflüsse an die Aktionäre und deren finanzielle Stabilität.

Positive
  • Appointment of experienced executive Carlos Pagoaga to lead Global Community Affairs and The Coca-Cola Foundation
  • Consistent quarterly dividend of 48.5 cents per share, indicating financial stability
  • Extensive global presence with products sold in over 200 countries and territories
  • Diverse portfolio of billion-dollar brands across multiple beverage categories
Negative
  • None.

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today announced the election of a new corporate officer, along with declaring the company’s regular quarterly dividend.

Carlos Pagoaga has been elected as a vice president of the company. Pagoaga serves as Vice President of Global Community Affairs and President of The Coca-Cola Foundation. Pagoaga’s new role with Global Community Affairs and the Foundation was announced in May, and he began his duties June 1.

  • Pagoaga manages all Foundation operations, which includes grant making; financial requirements; and regulatory compliance for domestic and international philanthropy.
  • He previously served as the Foundation’s Senior Director, circular economy, where he was responsible for directing global recycling initiatives.
  • Pagoaga joined the Foundation in 2007 and has been responsible for a wide variety of duties. He has directed multiple large grants, such as for the Replenish Africa Initiative, Project Last Mile and Atlanta Beltline.
  • He joined Coca-Cola in 1990 in Corporate Latin Affairs, where he managed relationships with Latino organizations and elected officials across the United States. He later moved to the company’s North America unit, where he managed multicultural communications.
  • Pagoaga earned a bachelor of business administration degree in marketing and an MBA, both from Georgia State University in Atlanta.

Quarterly dividend

The company declared a regular quarterly dividend of 48.5 cents per common share, payable Oct. 1 to shareowners of record of the company as of the close of business Sept. 13.

About The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.

Investors and Analysts: Robin Halpern, koinvestorrelations@coca-cola.com

Media: Scott Leith, sleith@coca-cola.com

Source: The Coca-Cola Company

FAQ

What is the amount of Coca-Cola's (KO) latest quarterly dividend?

Coca-Cola (KO) has declared a quarterly dividend of 48.5 cents per common share.

When will Coca-Cola (KO) pay its next dividend?

Coca-Cola (KO) will pay its next dividend on October 1 to shareowners of record as of the close of business on September 13.

Who has been elected as the new vice president of Coca-Cola (KO)?

Carlos Pagoaga has been elected as a new vice president of Coca-Cola (KO), serving as Vice President of Global Community Affairs and President of The Coca-Cola Foundation.

What are Carlos Pagoaga's responsibilities in his new role at Coca-Cola (KO)?

In his new role at Coca-Cola (KO), Carlos Pagoaga will manage all Foundation operations, including grant making, financial requirements, and regulatory compliance for domestic and international philanthropy.

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