What was the share price of Coca-Cola in 1988?
What was the share price of Coca-Cola in 1988?
From $2.45 in January 1988 to $42.70 in March 2018 These were some of the reasons he invested about $1 billion in the company in early 1988. This purchase accounted for about 6.2% of all outstanding shares and immediately catapulted KO stock to the top of Buffett’s holdings.
How much was Coke stock in the 80s?
Compare KO With Other Stocks
| CocaCola Historical Annual Stock Price Data | ||
|---|---|---|
| Year | Average Stock Price | Year High |
| 1982 | 0.7916 | 1.1146 |
| 1981 | 0.7262 | 0.8281 |
| 1980 | 0.6889 | 0.7917 |
What was the original price of Coca-Cola stock?
$40 per share
In 1919, a group of businessmen led by Ernest Woodruff purchased The Coca-Cola Company from Candler for $25 million. Later that year, Coca-Cola made its initial public offering (IPO) on the New York Stock Exchange (NYSE), for $40 per share.
What happened to Coca-Cola stock in 1998?
The facts are easy enough to look up: back in the middle of 1998 shares of Coca-Cola reached a split-adjusted price of around $44. Today shares change hands closer to $41 per share. Thus it seems that calls of the stock “going nowhere” or being “dead money” do indeed have some merit.
How much did a soda cost in 1990?
Buying power of $20.00 since 1978
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $29.84 | -0.01% |
| 1989 | $30.61 | 2.57% |
| 1990 | $31.65 | 3.40% |
| 1991 | $31.90 | 0.81% |
How did Coke change in the 80s?
That changed, of course, in the summer of 1985 as the consumer outcry over “new Coke” was replaced by consumer affection for Coca-Cola classic. The fabled secret formula for Coca-Cola was changed, adopting a formula preferred in taste tests of nearly 200,000 consumers.
What was New Coke in the 80s?
New Coke was the informal name given by the Coca-Cola Company to a new formula for its most popular drink, Coca-Cola, released in 1985. It was renamed Coke II in 1990 and discontinued in July 2002….New Coke.
| Can of New Coke | |
|---|---|
| Product type | Cola |
| Owner | The Coca-Cola Company |
| Country | U.S. |
| Introduced | 1985 |
When did Coca-Cola stock split?
History Of Stock Splits For The Coca-Cola Company
| Record Date | Activity | Cumulative Shares |
|---|---|---|
| 05/01/1992 | 2-for-1 Stock Split | 2,304 |
| 05/01/1990 | 2-for-1 Stock Split | 1,152 |
| 06/16/1986 | 3-for-1 Stock Split | 576 |
| 05/09/1977 | 2-for-1 Stock Split | 192 |
How much was a bottle of Coke 1978?
How much was a bottle of Coke 1978? Prices for Carbonated Drinks, 1978-2021 ($20) This rate of change indicates significant inflation. In other words, carbonated drinks costing $20 in the year 1978 would cost $51.99 in 2021 for an equivalent purchase.
How much is a 1886 Coke bottle worth?
But they haven’t always looked the way they do now. To learn more about the bottles — and why some of them are now worth up to $4,000 — it’s time for a short history lesson. Coke, or Coca-Cola, was invented in 1886 by Dr. John Pemberton, a pharmacist in Atlanta, Georgia.
Was Coca-Cola popular in the 80s?
In the years following WWII, Coke had 60% of the market share and was the quintessential American soft drink. However, by the mid-’80s, Coke’s share had dropped to less than 25%, thanks in large part to intense competition from Pepsi.
