Constellation Brands Inc
NYSE:STZ
STZ's latest stock split occurred on May 16, 2005
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, STZ traded at 52.9 per share. Afterward, the share price was about 23.6131.
The adjusted shares began trading on May 16, 2005. This was STZ's 4th stock split, following the previous one in May 14, 2002.
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Constellation Brands Inc
Glance View
Constellation Brands Inc. is a prominent force in the beverage alcohol industry, orchestrating a dynamic portfolio that caters to a broad spectrum of consumer preferences. Known for its innovative approach in the wine, spirits, and beer sectors, the company thrives on a robust brand portfolio featuring popular names like Corona, Modelo, and Robert Mondavi. The business strategically acquires and nurtures brands that align with evolving consumer tastes, ensuring it sustains its competitive edge and market relevance. This approach, coupled with strategic partnerships and targeted marketing, fuels its dominance in both local and international markets. The company operates through a model that integrates production, distribution, and retail alliances, creating a seamless flow from vineyard or brewery to the glass. It generates revenue through the sales of its extensive product range, capitalizing on brand loyalty and global demand. Constellation Brands has leaned significantly into the premiumization trend, boosting margins by pushing higher-end products. Further, its investment in emerging beverages like hard seltzers and cannabis-infused drinks positions the company to cash in on contemporary consumer shifts. By balancing the art of brand storytelling with smart acquisitions and consumer insights, Constellation Brands makes sure it stays on top as a potent player in the beverage industry.
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