8-KThe WireRoutine
Company Update
Filed Oct 3, 2023 · 2y ago · Accession 0001104659-23-106357
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 3, 2023
MOLSON
COORS BEVERAGE COMPANY
(Exact
name of registrant as specified in its charter)
Commission
File Number: 1-14829
Delaware
84-0178360
(State or other jurisdiction of incorporation)
(IRS Employer Identification No.)
P.O. Box 4030 , BC555 , Golden , Colorado 80401-0300
111
Boulevard Robert-Bourassa , 9th
Floor , Montréal , Québec , Canada H3C
2M1
(Address
of principal executive offices, including zip code)
( 303 )
279-6565 / ( 514 )
521-1786
(Registrant’s
telephone number, including area code)
Not
applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbols
Name of each exchange on which registered
Class A Common Stock, par value $0.01
TAP
A
New York Stock Exchange
Class B Common Stock, par value $0.01
TAP
New York Stock Exchange
1.25% Senior Notes due 2024
TAP 24
New York Stock Exchange
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01. Other Items.
On October 3, 2023, Molson Coors Beverage Company
(the “ Company ”) announced that its Board of Directors (the “ Board ”) has approved a new program authorizing
the repurchase, effective immediately, of up to $2 billion of its Class B common stock, with an expected program term of five years. The
Company plans to purchase its Class B common stock from time to time, in the open market, in structured transactions, or through private
transactions. The number, price, and timing of the repurchases will be at the Company’s sole discretion and will be evaluated depending
on market conditions, liquidity needs or other factors. The Board may suspend, modify, or terminate the program at any time without prior
notice. This repurchase program replaces and supersedes any repurchase programs previously approved by the Board.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
2
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MOLSON COORS BEVERAGE COMPANY
Date:
October 3, 2023
By:
/s/ David P. Knaff
David P. Knaff
Assistant Secretary
3
Filing details
- Company
- MOLSON COORS BEVERAGE CO
- Ticker
- TAP-A
- CIK
- 24545
- Form type
- 8-K
- Filing date
- Oct 3, 2023
- Report date
- Oct 3, 2023
- Document
- tm2327359d1_8k.htm
- Size
- 267 KB