NYSE:KOBeverage
Coca-Cola (NYSE:KO) Faces Shareholder Push On Political Spending Alignment
The latest shareholder activism involving As You Sow, who urged Coca-Cola (NYSE:KO) shareholders to vote for a proposal to report on political spending, emphasized the increasing demand for corporate accountability. This followed a quarter where the company increased its dividend by 5.2% and repurchased shares worth $559 million. Meanwhile, Coca-Cola's earnings report highlighted a slight decline in net income despite a 2.9% market rise over the last week. Amid a general market backdrop...