Mitsubishi Invests $1.59 Billion in Coca-Cola Consolidated

Mitsubishi UFJ Asset Management Co. Ltd. has invested $1.59 billion in Coca-Cola Consolidated, Inc.

The institutional investor bought a new position in shares of Coca-Cola Consolidated in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

Mitsubishi UFJ Asset Management Co. Ltd. purchased 19,581,969 shares of the company's stock, valued at approximately $1,591,427,000.