Coca-Cola (KO) CEO Muhtar Kent says the company will start tapping into its $13B stockpile of...


Coca-Cola (KO) CEO Muhtar Kent says the company will start tapping into its $13B stockpile of cash, with a focus on capital expenditures at the top of the list. Strategic bolt-on acquisitions could be in the offing and investors could also see a higher dividend payout along with share buybacks.
From other sites
Comments (5)
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    Keep the bloody share buybacks. Use the money for a bigger dividend increase and for acquisitions that will grow the company.
    19 Jun 2012, 07:30 AM Reply Like
  • Peter Spokes
    , contributor
    Comment (1) | Send Message
     
    Go Coke. Use your money wisely......create jobs in the USA.
    19 Jun 2012, 08:02 AM Reply Like
  • Adoptsalot
    , contributor
    Comments (50) | Send Message
     
    It would be nice to have a link to where this info came from. I can't find a web reference to Kent and Increased dividends or higher dividend payback.

     

    My guess is the money is mostly going to be foreign investments like Myanmar and India.
    19 Jun 2012, 09:19 AM Reply Like
  • Lexelente
    , contributor
    Comments (54) | Send Message
     
    It is more complicated than that. Shareholders are being asked to increase the number of shares issued in a very big way. Is the company moving in the direction of very low finance borrowing costs from equity dillution when they can be borrowing at historic low rates with bond issues/ bank loans? Is coke doing what other large us companies are doing--building a mirror image in china/asia that may ultimately break away? When GM promises 600 new dealership franchises in China you buy the stock....at rock bottom prices per share....Not sure what Coke's plans are to raise so much more capital by issuing more shares in such massive numbers and hope this is not some plan to over compensate management/ employees.
    19 Jun 2012, 03:15 PM Reply Like
  • Raymond Wiacek
    , contributor
    Comments (50) | Send Message
     
    Buy MNST?
    19 Jun 2012, 08:55 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs