Coca-Cola has warned of lower-than-expected growth because of price increases in North America and difficult conditions in Germany, the Philippines and Nigeria.
It forecast global volume would increase 4% for the full year - below previously predictions of 5%-6%. It expected fourth-quarter volume worldwide to rise just 3% - lower than the 4%-4.5% analysts had estimated.
The company is restarting its share repurchase programme it suspended for the past two years. It intends to buy back 206m commons shares up until 2006.
It forecast global volume would increase 4% for the full year - below previously predictions of 5%-6%. It expected fourth-quarter volume worldwide to rise just 3% - lower than the 4%-4.5% analysts had estimated.
The company is restarting its share repurchase programme it suspended for the past two years. It intends to buy back 206m commons shares up until 2006.
