How to find out the amount of preferred stock of Coca Cola Company?

Question

I am having trouble finding out how many shares of preferred stock of Coca Cola Company are there. Is this information public? How to find the value of preferred stock? Is it the same as the value of common stock?

Answer 1

Coca Cola doesn't seem to have any preferred shares outstanding. From the annual report, it does say that the number of common shares outstanding was 2,294,316,831 as of February 22, 2011. (cover page, right before the horizontal break)

But normally, you can find it either toward the beginning of the document or in the statement of shareholder's equity.

Answer 2

You can find this in the annual report. Preferred value is not the same as common value.

Answer 3

From The Coca-Cola Company website, section for Investors: Stock History, Issues

Year
1919
Original issue -- 600,000 shares
100,000 preferred, par $100 each
500,000 common, without nominal or par value

1926
Eliminated 100,000 preferred in November.

This means there were preferred shares issued in 1919. However, all preferred shares were "eliminated" (not sure what that means) as of 1926. There has been no subsequent reissuance of preferred shares of Coca-Cola since then. I think the company is still authorized to issue them, should they choose to do so in the future.

Answer 4

They were issued in 1919 and eliminated in 1926. This means that Coca-Cola redeemed them in 1926 and either converted the preferred's to common stock or paid the preferred investor's back their full par value and took them off the books.