OMERS Administration Corp Invests Heavily in Coca-Cola Consolidated Inc.
OMERS Administration Corp has made a significant investment in Coca-Cola Consolidated Inc. (NASDAQ:COKE) by purchasing 1,311,616 shares of the company's stock valued at approximately $106,595,000.
This new stake was acquired in the second quarter and represents about 1.97% of Coca-Cola Consolidated's outstanding shares as per its most recent SEC filing.
OMERS Administration Corp is not alone in this investment; several other institutional investors have also modified their holdings of the company, including Ascentis Independent Advisors, Torren Management LLC, Morse Asset Management Inc, Ballast Advisors LLC, and Quarry LP.