has coca cola stock ever split? Full history

This article answers: has coca cola stock ever split — Yes. It documents The Coca‑Cola Company (KO) split history, dates and ratios, cumulative effect (1 original share → 9,216 shares), the 2012 sp...

2026-01-27 00:35:00

By Meta Cipher

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Has Coca‑Cola Stock Ever Split?

Yes — the question has coca cola stock ever split is answered in the affirmative. This article explains the full split history for The Coca‑Cola Company (ticker KO), lists the official record dates and ratios (as reported by the company and major data aggregators), calculates the cumulative effect on a single original share, highlights the most recent KO split in 2012, and clarifies the separate 2025 10‑for‑1 split completed by Coca‑Cola Consolidated (ticker COKE). Readers will learn how splits work, what they mean for shareholders and taxes, and where to verify official records.

This article uses The Coca‑Cola Company investor relations material as the primary source and corroborates dates with Macrotrends, Investing.com, and other financial data services. As of Jan 23, 2026, the information below reflects the official split history maintained by The Coca‑Cola Company and recent corporate actions from Coca‑Cola Consolidated.

Overview — what a stock split is and why investors ask “has coca cola stock ever split?”

A stock split increases the number of shares outstanding by issuing more shares to existing shareholders while proportionally lowering the share price so total market capitalization and each shareholder’s ownership percentage remain unchanged. Companies often split their stock to make individual share prices seem more accessible to retail investors, to improve trading liquidity, and to keep share prices within a target trading range.

When readers ask has coca cola stock ever split they typically want to know two things:

Whether The Coca‑Cola Company (KO) has used splits historically and when the most recent split occurred; and
Whether there are any splits for similarly named but separate companies (notably Coca‑Cola Consolidated — COKE) that could cause confusion.

This article covers both topics and provides dated source references so readers can verify details themselves.

Historical stock‑split summary for The Coca‑Cola Company (KO)

Short answer: The Coca‑Cola Company has performed multiple stock splits since its early 20th‑century listing. Counting a 1927 stock dividend as a split event, KO’s official record includes 11 split or stock‑dividend events. The cumulative effect of those events is that one share held before the earliest recorded event would have become 9,216 shares after the final 2012 split.

The company’s investor relations pages list the official record dates and ratios; independent data providers such as Macrotrends and Investing.com reproduce those events and are useful for cross‑checking.

Quick facts (summary)

Total split‑type events recorded for KO (company history): 11 events (including the 1927 stock dividend).
Most recent KO split: July 27, 2012 (2‑for‑1).
Cumulative multiplicative effect: 9,216x (one pre‑1927 share → 9,216 shares after 2012 event).

Sources: The Coca‑Cola Company investor relations (stock split history), Macrotrends and Investing.com (corroborating timelines). As of Jan 23, 2026, these sources show the same official split dates and ratios for KO.

Chronological list of splits and stock dividend (record dates and ratios)

Below is the sequence of The Coca‑Cola Company’s recorded splits and the single stock dividend event that companies sometimes report alongside splits. Each entry notes the record date, the split or dividend ratio, and the cumulative multiple after that event. These dates and ratios are drawn from The Coca‑Cola Company investor relations historical records and corroborated by major financial data services.

04/25/1927 — 1‑for‑1 stock dividend (effectively a 2‑for‑1) — cumulative multiple: 2
11/15/1935 — 4‑for‑1 split — cumulative multiple: 8
01/22/1960 — 3‑for‑1 split — cumulative multiple: 24
01/22/1965 — 2‑for‑1 split — cumulative multiple: 48
05/13/1968 — 2‑for‑1 split — cumulative multiple: 96
05/09/1977 — 2‑for‑1 split — cumulative multiple: 192
06/16/1986 — 3‑for‑1 split — cumulative multiple: 576
05/01/1990 — 2‑for‑1 split — cumulative multiple: 1,152
05/01/1992 — 2‑for‑1 split — cumulative multiple: 2,304
05/01/1996 — 2‑for‑1 split — cumulative multiple: 4,608
07/27/2012 — 2‑for‑1 split — cumulative multiple: 9,216

Note on the 1927 event: older company records sometimes list early stock dividends differently from modern stock splits; the 04/25/1927 1‑for‑1 stock dividend had the same practical effect as a modern 2‑for‑1 split and is included here as a split‑type event because it doubled the share count.

These dates and ratios appear on The Coca‑Cola Company investor relations pages and in dataset aggregators. When verifying, use the primary company page as the canonical record and secondary datasets for cross‑comparison.

Cumulative effect and a worked example

Because stock splits multiply shares, the overall effect is multiplicative across events. Using the listed events above, the cumulative multiplier is calculated by multiplying each event’s factor:

2 × 4 × 3 × 2 × 2 × 2 × 3 × 2 × 2 × 2 × 2 = 9,216

That means one share that existed before the 1927 stock dividend would be 9,216 shares after the 2012 split, excluding any later corporate actions (such as additional splits or reverse splits) and excluding dividend reinvestment effects.

Example (share count illustration):

If an investor held 10 shares prior to the 1927 stock dividend, after all splits listed above they would have 10 × 9,216 = 92,160 shares of KO.

Example (price illustration — hypothetical):

If KO historically closed at $92.16 for a single historical share before any splits, after cumulative splits the per‑share price would be adjusted proportionally: $92.16 ÷ 9,216 = $0.01 per post‑split share (this is a simplified illustration to show how price adjusts; it does not reflect real historical price movements or dividends).

Important caveat: Splits do not change an investor’s proportional ownership or the company’s market capitalization; they only increase shares and reduce the per‑share price proportionally. Real total returns depend on price appreciation, dividends, and reinvestment.

Reasons and corporate rationale for Coca‑Cola’s splits

Why did Coca‑Cola split its stock multiple times? The motivations are consistent with typical corporate practice:

Accessibility: Lower per‑share prices make shares more psychologically and financially accessible to more retail investors.
Liquidity: Increasing the number of outstanding shares can improve market liquidity and reduce bid‑ask spreads.
Trading range management: Companies sometimes aim to keep their trading price within a range perceived as attractive for trading.

Specific to KO’s 2012 split: The Coca‑Cola Company announced a 2‑for‑1 split in 2012 as part of a broader capital allocation policy that also included a regular dividend. The company’s investor relations communications at the time emphasized making the stock more accessible and aligning share count with capital return objectives. For the official wording, consult The Coca‑Cola Company investor relations statements issued around July 2012.

As of Jan 23, 2026, the company’s historical notes and investor presentations remain the authoritative record for corporate rationale and official communications regarding past splits.

Market and shareholder impact of splits

Key impacts of a stock split:

Share price: The per‑share market price is adjusted down proportionally on the split ex‑date or by the market on the ex‑date. For example, a 2‑for‑1 split halves the per‑share price while doubling the number of shares held.
Outstanding shares: The total number of shares outstanding increases, which can affect metrics like earnings per share (EPS) that are reported on a per‑share basis — companies and data providers adjust historical EPS and per‑share metrics to maintain comparability.
Market capitalization: The company’s total market capitalization remains the same immediately after a split (barring trading reactions), because the price adjustment offsets the increased share count.
Liquidity and perception: Some research suggests a short‑term increase in trading volume or heightened investor interest around split announcements, driven by perceived affordability. Over the long term, splits are not a substitute for fundamentals.

Historical reaction around KO’s splits: Past KO splits, including the 2012 2‑for‑1 split, were met with the expected mechanical price adjustments and periodic increases in trading interest; however, company fundamentals (revenues, profit margins, dividend policy) determine long‑term shareholder value. Data services and academic studies highlight that split announcements can attract retail attention but do not guarantee long‑term outperformance.

Tax, record‑keeping and brokerage considerations

Tax treatment: Stock splits are generally non‑taxable events in most jurisdictions because they do not change the underlying ownership value — they only change the number of shares. However, tax laws differ across countries and over time, so consult a tax advisor for your circumstances.
Cost basis: After a split, brokers typically adjust the cost basis per share so that the overall cost basis for the investor’s position remains unchanged. For example, if an investor had a cost basis of $921.60 for 1 pre‑split share and the shares split 2‑for‑1, the broker would record two shares with cost basis $460.80 each.
DRIPs and dividend reinvestment: Dividend reinvestment plans and automated reinvestment programs will reflect the new share counts post‑split; fractional share handling will depend on the specific brokerage or DRIP administrator.
Brokerage account handling: Brokers post the split ratio and adjust holdings on the record/ex‑date. Most modern broker systems handle corporate actions automatically and will show the adjusted share count and price. When a split occurs, confirm via your brokerage’s corporate actions notices.

Practical reminder: Always check broker notices and the company’s investor relations releases around the split record and effective dates to confirm how your holdings will be adjusted in practice.

Distinction — The Coca‑Cola Company (KO) vs Coca‑Cola Consolidated (COKE)

A common source of confusion arises from company names: The Coca‑Cola Company (NYSE: KO) is the global beverage manufacturer and brand owner; Coca‑Cola Consolidated (NASDAQ: COKE) is the largest independent Coca‑Cola bottler and distributor in the United States. They are separate public companies with different corporate actions and ticker symbols.

To avoid misunderstanding:

When asking has coca cola stock ever split you must specify which company you mean: KO (The Coca‑Cola Company) or COKE (Coca‑Cola Consolidated).
The Coca‑Cola Company (KO) has the historical split record presented earlier and its most recent split was in 2012.
Coca‑Cola Consolidated (COKE) executed a separate corporate action in 2025: a 10‑for‑1 split (reported in the company’s press release and corporate filings). As of May 2025, Coca‑Cola Consolidated publicly announced a 10‑for‑1 split effective in May 2025; see the company’s press release for the exact record and distribution dates. This COKE split is distinct and does not affect KO shareholders.

As of May 15, 2025, according to Coca‑Cola Consolidated’s press release, the company enacted a 10‑for‑1 split for its shares — a separate event from any KO split. For that reason, you should always check the ticker and company name when verifying split histories.

Sources of split data and further reading

Authoritative primary sources to verify Coca‑Cola split history:

The Coca‑Cola Company — Investor Relations and Historical Stock Split records (official corporate source; canonical for KO splits).
Coca‑Cola Consolidated — company press release (May 2025) for the 10‑for‑1 split (official source for COKE splits).

Authoritative secondary sources that reproduce split dates and ratios:

Macrotrends — KO stock split history
Investing.com — KO corporate actions and split history
CompaniesMarketCap / Yahoo Finance / Motley Fool — historical summaries and educational articles that contextualize split effects

As of Jan 23, 2026, these sources align on the KO split schedule listed above and report the Coca‑Cola Consolidated 10‑for‑1 split in 2025.

When verifying:

Prefer the company’s investor relations pages for the canonical record and for access to original press releases and shareholder communications.
Use secondary aggregators to download timelines or to cross‑check dates and ratios.

Practical checklist for investors who want to confirm a past split or prepare for a future one

Identify the correct ticker and company (KO vs COKE).
Visit the company’s investor relations site and locate their corporate actions or historical stock split page.
Check official press releases for the announcement date, record date and effective/ex‑date.
Review your brokerage account messages for corporate action adjustments and cost basis changes.
If you use a Dividend Reinvestment Plan (DRIP), check how fractional shares are handled post‑split.
For tax questions, consult your tax advisor; splits are generally non‑taxable, but reporting requirements may vary by jurisdiction.

References

The Coca‑Cola Company — Investor Relations / Historical Stock Splits page (official corporate record). As of Jan 23, 2026, this page lists the KO split dates and ratios summarized in this article.
Macrotrends — Coca‑Cola (KO) stock split history (corroborating dataset).
Investing.com — KO corporate actions timeline (corroborating dataset).
Coca‑Cola Consolidated — press release announcing the 10‑for‑1 split (May 2025). As of May 15, 2025, Coca‑Cola Consolidated reported this split in its official communications.
Yahoo Finance / Motley Fool — historical summaries and educational commentary on the effect of splits on shareholders and market perception.

Sources cited above should be consulted directly for primary documentation, press‑release language and corporate filings.

Additional notes for clarity and verification

When using historical price data to reconstruct pre‑ and post‑split prices, ensure you use split‑adjusted historical series (most data providers offer adjusted close prices) so per‑share series are comparable across split events.
The cumulative multiple (9,216) assumes inclusion of the 1927 1‑for‑1 stock dividend as a split‑equivalent event; if a dataset excludes that early stock dividend, the cumulative multiplier will differ. Always confirm whether a source lists the 1927 item as a stock dividend or as a split.

Further exploration: If you want to track Coca‑Cola fundamentals, dividends and corporate history beyond splits, consult The Coca‑Cola Company investor relations materials (annual reports, proxy statements and investor presentations) and reputable financial data services.

Practical next steps and where to act

If you’re researching historical splits for record‑keeping, tax reporting or academic interest, use the company’s investor relations page as your primary source and download any relevant PDFs or press releases for your records. If you plan to trade KO shares or similar securities, consider doing so on a regulated platform; for users of Bitget services, you can check Bitget’s market offerings and custody options for equities and related instruments. Remember that this article is informational and not investment advice.

Want to confirm a specific record date or get an official copy of the historical announcement? Visit the investor relations section of The Coca‑Cola Company or request archived press releases from the company’s IR team.