The Coca-Cola Company (NYSE:KO)’s CEO visits the beneficiary women entrepreneurs of the company’s 5by20 Program


Dallas, Texas 08/28/2013 (Financialstrend) – The Chairman and CEO of The Coca-Cola Company (NYSE:KO), Muhtar Kent had recently visited the beneficiary women entrepreneurs of the company’s 5by20 Program. This program of the company had been launched to assure the global commitment to provide for the empowerment and development of around 5 million women entrepreneurs across the globe through the year of 2020. It is estimated that by the end of 2014, around 1500 women entrepreneurs in Liberia would have completed receiving their financial education, mentorship opportunities and a starter retailer kit of the company.

Through this program of The Coca-Cola Company (NYSE:KO), the company had already proved successful to support the small scale business developments of around 300,000 women entrepreneurs across the world. It is worth noting that the company had entered into collaborations with governments, business enterprises and the civil society to enable the inclusion of women entrepreneurs into the supply chain of the company and thereby create opportunities for their sustainable prosperity. All such effective commitment of the company to provide for the sustainable development of the local community had always been well received by the investors.

Shares of The Coca-Cola Company (NYSE:KO) had presented gains on Tuesday to close at $38.15 per share, a positive move of 0.08% over the previous close. The stock’s price movements on the day were observed to be in the range of $37.80 to $38.24 per share. The stock had recorded the lowest price in 52 weeks at $35.58 and highest price at $43.43 per share. The stock had attracted around 16.74 million trades on Tuesday, while the average trading volume for the past one month had been at 13.03 million shares per day. The company has 4.43 billion outstanding shares and 61% of institutional ownership.

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