Coca-Cola Consolidated, Inc. (NasdaqGS:COKE) announces a share repurchase program. Under the program, the company will repurchase its own shares from Carolina Coca-Cola Bottling Investments, Inc., an indirect wholly-owned subsidiary of The Coca-Cola Company, such that the seller would beneficially own 21.5% of the company?s outstanding shares of common stock immediately following the closing of the share repurchase program. The share repurchase price will not be less than $925 per share.

The offer will expire on July 18, 2024.