Frequently Asked Questions
Coca-Cola Andina is one of the three largest Coca-Cola bottlers in Latin America, serving franchised territories with nearly 52 million inhabitants. In 2014, it delivered more than 4.7 billion liters of soft drinks, juices, and bottled water. Coca-Cola Andina holds the franchise to produce and market Coca-Cola products in certain territories of Argentina (through Embotelladora del Atlántico), Brazil (through Rio de Janeiro Refrescos), and Chile (through Embotelladora Andina), as well as the entire territory of Paraguay (through Paraguay Refrescos). The company is equally controlled by the Chadwick Claro, Garcés Silva, Hurtado Berger, Said Handal, and Said Somavía families. The company's value generation strategy is to be a leader in the non-alcoholic beverage market, developing an excellent relationship with consumers, employees, customers, suppliers, and its strategic partner, Coca-Cola.
Miraflores 9153, Renca
<p>Paula Vicuña<br> (56-2) 2338 0520<br> [email protected]<br> Subgerente de Relación con Inversionistas</p>
In Chile since 1955 and in the United States (ADR) since 1994.
Coca-Cola Andina has a total of 946,570,604 shares, divided into 473,289,301 Series A shares and 473,281,303 Series B shares.
The difference pertains to the political and economic rights of each series. Series A shares elect 12 of the 14 company directors, whereas Series B shares receive an additional 10% in dividends.
Coca-Cola Andina shares are traded on the three Chilean stock exchanges: the Santiago Stock Exchange, the Chilean Electronic Stock Exchange, and the Brokers’ Stock Exchange under the ticker symbols Andina-A and Andina-B. Additionally, they are traded on the New York Stock Exchange (NYSE) under the ticker symbols AKO-A and AKO-B.
One ADR is equivalent to six Coca-Cola Andina shares.
An ADR (American Depositary Receipt) is a tradeable U.S. financial instrument that represents ownership of shares in a non-U.S. company that is publicly traded. ADRs are traded in U.S. dollars on American stock markets.
An ADR is a physical certificate representing stock ownership, whereas an ADS (American Depositary Share) is the actual share itself. An ADR can represent an indeterminate number of ADSs. The term ADR is commonly used to refer to both the physical certificate and the shares.
The depositary bank for Coca-Cola Andina’s ADRs is BNY Mellon. As the depositary bank, BNY Mellon handles dividend payments, maintains various records, and coordinates voting processes for shareholder meetings.
Coca-Cola Andina has both local and international risk ratings. The bond rating in the Chilean market is as follows: AA: Rating assigned by ICR Compañía C.