false
0000024545
QC
0000024545
2024-10-17
2024-10-17
0000024545
country:CA
2024-10-17
2024-10-17
0000024545
us-gaap:CommonClassAMember
2024-10-17
2024-10-17
0000024545
us-gaap:CommonClassBMember
2024-10-17
2024-10-17
0000024545
tap:Percent3.800SeniorNotesDue2032Member
2024-10-17
2024-10-17
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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 17, 2024
MOLSON
COORS BEVERAGE COMPANY
(Exact
name of registrant as specified in its charter)
Commission
File Number: 001-14829
Delaware | |
84-0178360 |
(State or other jurisdiction of incorporation) | |
(IRS Employer Identification No.) |
P.O.
Box 4030, BC555,
Golden,
Colorado 80401
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 |
3.800% Senior Notes due 2032 | |
TAP 32 | |
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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers. |
On October 18, 2024, Molson Coors Beverage Company (the “Company”)
announced that Sergey Yeskov, the President and Chief Executive Officer of the Company’s EMEA&APAC business, resigned from the
Company for personal reasons, effective October 17, 2024. In connection with his resignation, Mr. Yeskov, Zagrebačka Pivovara d.o.o.,
a wholly-owned subsidiary of the Company, and the Company have entered into a Mutual Agreement on Termination, dated October 17, 2024
(the “Termination Agreement”).
Pursuant to the Termination Agreement, Mr. Yeskov will be placed on
“garden leave” from October 17, 2024, until December 31, 2024, on which date Mr. Yeskov’s employment will terminate
(the “Termination Date”). Pursuant to the Termination Agreement, Mr. Yeskov will: (a) be entitled to a severance payment equal
to one year of his current base salary, less applicable taxes and withholdings; (b) be eligible for a payout, if any, under the 2024 Molson
Coors Incentive Plan in ordinary course on the same terms as other named executive officers of the Company, except his individual goal
multiplier will be set at 100% of target; (c) be entitled to a cash payout equivalent to his 2022 performance share unit award in April
2025 at a minimum of 100% of target, up to 200% of target, based on actual Company results; (d) have (1) all of his other unvested equity
awards cancelled as of the Termination Date, and (2) one year following the Termination Date to exercise stock options that have vested
as of the Termination Date; and (e) be subject to certain customary restrictive covenants, including, but not limited to, certain non-compete
provisions for the 12-month period following his “garden leave.”
The foregoing description of the Termination Agreement does not purport
to be complete and is qualified in its entirety by reference to the full text of the Termination Agreement, which is attached hereto as
Exhibit 10.1 and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits:
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 18, 2024 |
By: |
/s/ Natalie G. Maciolek |
|
|
Natalie G. Maciolek |
|
|
Chief Legal & Government Affairs Officer and Secretary |
Exhibit 10.1
MUTUAL AGREEMENT ON TERMINATION
BETWEEN
ZAGREBAČKA PIVOVARA d.o.o., Ilica
224, OIB: 83771985821, represented by Mr. Miroslav Holjevac, president of the Management Board and Ms. Alina Ruzic, member of
the Management Board (the “Company”)
And
Mr. SERGII IESKOV, Zagreb, Reljkovićeva 6, OIB:
21045277405 (the “Executive”)
hereinafter together called the Parties and
each a Party
WHEREBY IT IS AGREED as follows:
| 1. | PRINCIPLE OF TERMINATION |
| 1.1 | The Executive and the Company agree that on 01.01.2022. they have concluded the Directors Service Agreement
(hereinafter referred to, together with any and all addenda and appendixes as the: “Directors Service Agreement”). |
| 1.2 | The Executive and the Company agree that on 24.03.2020 they have concluded the Employment Contract (hereinafter
referred to, together with any and all addenda and appendixes as the: “Employment Contract”). |
| 1.3 | The Company and the Executive have reached an agreement regarding Executive’s resignation and a
termination in mutual consent of the Directors Service Agreement and the Employment Contract which shall all end with effect as of 31.12.2024
(hereinafter: “Termination Date”). |
| 1.4 | The Executive acknowledges and confirms that other than the Directors Service Agreement and the Employment
Contract, he has no other actual or implied, written or oral, employment contract/relationship with the Company or any other company of
the Molson Coors Group (“Group”), respectively that any such employment contract(s)/relationship(s) have been
validly terminated and that there are no (and that he waives, for in as much as necessary, any) outstanding rights whatsoever in relation
to them. |
| 2. | RIGHTS UNTIL TERMINATION DATE |
| 2.1 | From the signing of this Agreement until the Termination date, the Executive will be released from his
regular work obligations pursuant to the Directors Service Agreement and the Employment Contract (hereinafter: “Garden Leave”).
During Executive’s Garden Leave, he will perform transitional services on an as needed basis as directed by the Global Chief Legal
Officer or the EMEA/APAC Chief Legal and Corporate Affairs Officer of Molson Coors. |
During Executive’s period of Garden
Leave, the Company shall continue to pay the Executive his contractual salary and provide other contractual benefits to which he has an
entitlement under Directors Service Agreement and the Employment Contract unless expressly otherwise stated in this Agreement. During
this period the Executive, who shall remain in employment, shall continue to be bound by all obligations owed to the Company under Directors
Service Agreement and the Employment Contract.
| 2.2 | The Executive will be granted the following (limitative) payments/benefits up to and including Termination
Date, all of which are subject to any applicable social security deductions and individual income taxes: |
The Executive will receive payment of
the monthly agreed salary up to and including the Termination Date.
Executive’s MCIP payment for the
period of 01.01.2024 through 31.12.2024 will be payable in April 2025 based on actual year-end company results and the individual
multiplier will be paid at target (100%) and also adjusted for the company multiplier. Other relevant terms of the MCIP Plan will still
apply.
By signing this Agreement, Executive will be eligible for a
cash payment equivalent to the value of his 2022 PSU grant, to be paid out in April 2025 from the Croatian Company entity at a minimum
performance level of target (100%) whether or not metrics are achieved or potentially higher depending on actual company performance as
determined by the Compensation and Human Resources Committee of the Company (“CHRC)” in March 2025. All unvested equity
awards will be cancelled by their terms. Executive will have one year following Termination Date to exercise any vested stock options.
Executive will not receive any additional LTIP awards.
The Executive will receive the indemnity
related to the days of untaken holidays accrued till Termination date.
| (e) | Insurances and pension |
The Executive’s participation in
the Life insurance, health insurance and the pension plan will continue during Garden Leave and end on the Termination Date.
| 3.1 | Without any prejudicial acknowledgement and subject to the terms and conditions of this Agreement, Executive
will be paid severance pay in a lump sum on 31.12.2024 in the amount of 215,104.50 EUR equaling half of Executive’s yearly salary
(subject to applicable withholdings and deductions for taxes and social security contributions). |
| 3.2 | The Executive accepts this Severance Payment as a voluntary indemnity and as a general discharge. |
4. NON-COMPETITION
| 4.1. | In exchange for the good and valuable consideration offered under this Agreement and in order to protect
the confidential and/or proprietary information of the Company and Group, Executive agrees he will not be employed by or provide services
to a “Competitor” for the 12-month period following his Garden Leave in the “Restricted Territory.” For purposes
of this Agreement, “Competitor” means Anheuser-Busch InBev, Asahi, Carlsberg, or Heineken or any of their subsidiaries. “Restricted
Territory” means those countries in Europe, the Middle East and Africa, and the Asia Pacific Region where on the Termination Date
the Company or Group or any associated company was engaged in the research into, development, distribution, sale or supply of or otherwise
dealt with its products or services. Executive understands that as of the date he accepts employment with a Competitor, he forfeits any
further payments or benefits provided under this Agreement and is responsible for repaying to the Company the Severance Payment, MCIP
Payment, and LTIP Payment provided under Article 2 and 3 of this Agreement. In addition, Employee agrees that money damages may not
be a sufficient remedy for a breach or threatened breach of this Agreement and that Company shall be entitled to seek specific performance,
injunctive or other equitable relief. Additionally, Company shall be entitled to collect from Executive its reasonable attorneys’
fees and costs incurred in connection with its enforcement of this Agreement if Company is the prevailing party in the enforcement and
collection action against him. |
| 4.2. | As a compensation for the non-competition obligation from the previous paragraph, the Company undertakes
to pay the Executive for a period of 12 months following Executive’s Garden Leave, the amount equal to the half of the average monthly
salary paid to the Executive in the last three months before the Termination date. |
| 4.3. | The Parties mutually agree that the contractual prohibition of competition agreed by this Agreement supersedes
and substitutes the contractual prohibition of competition foreseen by the Clauses 13.6 and 13.7 of the Directors Service Agreement and
accordingly the Parties are not bounded by the contractual prohibition of competition from Clauses 13.6 and 13.7 of the Directors Service
Agreement. |
Any proxies and mandates granted to the Executive will cease at the
latest on the final date of Termination Date.
| a. | For the purposes of this clause, “Property” means company car, keys, mobile phone,
computer equipment, RSA token, credit card, all lists of clients or customers, correspondence and all other documents, disks, information
storage devices, papers and records (including, without limitation, any records stored by electronic means, together with any codes or
implements necessary to give full access to such records), system designs, software designs, software programmes (in whatever media),
presentations, proposals or specifications which may have been prepared by him or have come into his possession, custody or control in
the course of his employment. This shall include all copies, reproductions, extracts and summaries of any of the above. |
| b. | The Executive agrees, immediately with the signing of this Agreement to return to the Company the computer
(IT) equipment pursuant to the instructions of the Company. By the end of his Garden Leave, Executive has the option to purchase the company
car subject to the car lease company’s terms and conditions or to return the company car to the Company pursuant to the instructions
of the Company. Executive agrees within 7 days of the end of his Garden Leave pursuant to the instructions of the Company, to return to
the Company all remaining Property of the Company or any associated company member of the Group and the Executive shall not be entitled
to and shall not retain any copies thereof. Title and copyright therein shall vest in the Company. |
| c. | The Executive confirms communicating at the latest on Termination Date, all IT codes, passwords and access
locks and will, as of such date, himself cease to use them. |
| d. | Furthermore, the Executive commits himself, with effect as of date his Garden Leave ends, not to be in
possession of or to make reference to data, in any form, containing information concerning the Company, or the Group and/or their business
partners or clients. |
This Article 7 is without prejudice to Clause
13.1, 13.2, 13.3, 13.4, 13.5, 13.8, 13.10, 13.11 of the Directors Service Agreement on Post-termination restrictions, Clause 11 of the
Directors Service Agreement on confidentiality as well as the Clause 18 of the Directors Service Agreement on intellectual property, which
the Executive acknowledges shall survive the termination of the Directors Service Agreement and the Employment Contract, remain in full
force and effect and which will continue to apply post termination:
| (a) | the Executive commits and undertakes that, notwithstanding the termination of the Directors Service Agreement
and the Employment Contract, he will not reveal or communicate at any time, to any person or any commercial entity, any confidential oral
or written information or trade secret, which he has knowledge of by reason of him working for the Company (or a company of the Group),
concerning the business (including business strategies), financial data, technical data, trade data, data related to personnel, terms
and conditions of sales and acquisitions, relationship with authorities/regulators, specific working methods of the Company or the Group,
the commercial practice, the relationships or the clients (or their names and addresses) of the Company or of a company of the Group, |
| (b) | the Executive agrees that, notwithstanding the termination of the Directors Service Agreement and the
Employment Contract, he will not keep at any time, any information or documentation which belongs to the Company or another company of
the Group whether or not such information or documentation is labelled as confidential. |
| (c) | the Executive commits himself not to contact at any time, directly or indirectly via a third person, with
the aim of recruiting or canvassing, any client, prospect or employee of the Company (or a company of the Group), any shareholder of the
Company (or of a company of the Group) or any company, consultant or service provider connected to the Company or the Group; the Executive
commits himself not to induce, directly or indirectly, their clients, consultants/service providers and/or employees to terminate any
contract with one of these entities. |
| a. | In consideration for the rights under Articles 2 and 3 of this Agreement, the Executive agrees to renounce
irrevocably and definitively all types of claims and rights of action which he has or may have against the Company or any company of the
Group, their employees, managers, directors, officers and/or shareholders, arising from or connected with the Directors Service Agreement
and/or the Employment Contract, or the termination of any such document/arrangement or arising from or connected with any other actual
or implied, written or oral employment contract/relationship or the termination thereof with any company of the Group. |
| b. | To the extent permitted by applicable laws, the Executive therefore agrees not to institute a court claim
for an annulment of the termination or for damages or to receive any statutory, collective bargaining based or contractual compensation
payments arising from or connected with the Directors Service Agreement, the Employment Contract or the termination thereof or arising
from or connected with any other actual or implied, written or oral employment contract/relationship or the termination thereof with any
company of the Group, in particular including, but not limited to, the following: |
any contractual or statutory notice
period payment, any contractual or statutory severance payment or economic compensation, any further compensation for legal holidays not
taken by the Executive, bonus/variable payments, any further 13th month payment, elements of remuneration, premiums, overtime payment,
reimbursement of fees (including travel tickets), reimbursement of training/outplacement expenses/costs/fees, reimbursement/coverage of
relocation costs, any remuneration for work on a Sunday or on a public or legal holiday, compensation payment for moral or sexual harassment
at the workplace, any further health insurance or additional pension payments/rights, interest contributions, any option and/or share
rights, advantages arising from any retention schemes, any entitlements based on any collective bargaining or company agreement, any rights
under any document with regard to change of control, any non- competition indemnity, any compensation payments for unfair/irregular dismissal
or claim for an annulment of the termination of employment, cost of utilities, medical coverage, further car/fuel rights, any requests
regarding data protection or access to data, any rights regarding access to the personnel file, any compensation with regard to tax/social
security deductions/withholdings or claims, any pension rights, any compensation with regard to unemployment benefits or currency/exchange
rate/inflation, any reimbursement of lawyer's fees, etc.,
other than the payments/rights payable
to the Executive in accordance with this Agreement.
| c. | Subject to the fulfilment by the Executive of all duties arising from this Agreement, the Company agree
to renounce irrevocably and definitively all types of claims which they have or may have against the Executive, arising from or connected
with the Directors Service Agreement, the Employment Contract, or the termination thereof, except (i) with respect to any amounts
due by the Executive in relation to the company car, and/or (ii) with respect to any fraud/willful misconduct or criminal actions
discovered after the signing of this Agreement. |
| d. | Considering the mutual renunciations provided for in this Agreement, the Parties agree not to make any
claim for error of law or error of fact and for any omission related to the extent of their rights. |
| e. | It is also understood and agreed by the Parties that, while the Company supports the Executive’s
quitus/release for his action under all directorships, official positions held with the Group and/or corporate mandates that he is holding
within the Company or any company of the Group, the effective quitus/release is subject to the respective shareholders’ decision. |
Without prejudice to the Company’s obligations
under this Agreement, if the Executive challenges this Agreement or his waivers, fails to observe any obligation set by this Agreement
or raises an additional financial claim, this will trigger an automatic and immediate reimbursement obligation of all rights granted as
per Articles 2 and 3, without prejudice to the Company’s or any other company of the Group’s rights to claim additional damages
or to have recourse to any other legal means/actions.
| 10. | TAX AND SOCIAL SECURITY |
| a. | All payments under this Agreement are subject to the applicable deductions/withholdings for tax and social
security contributions, if any. |
| b. | Unless the applicable law provides otherwise, the Executive is required to undertake all verifications
regarding his personal tax status and treatment according to his personal situation. The Executive further releases and holds the Company
and any other company of the Group harmless from any obligation linked to any payment made under the Agreement and the taxes and/or social
security contributions which might be due by the Executive. |
| 11. | MUTUAL COMMITMENT – STATEMENT |
| a. | The Executive undertakes not to comment negatively in any way regarding the Company, any other company
of the Group or their employees, directors, officers and/or shareholders, agents and clients, as well as products, services and/or practices
of the Company or the Group. |
| b. | Molson Coors Legal will specifically direct the Molson Coors Leadership Team not to make any false or
malicious remarks regarding the Executive. |
| c. | Both Parties agree to cooperate in good faith in relation to the internal communication of the Executive
leaving the Company and the Group. |
| d. | The Executive agrees that he will to a reasonable extent cooperate fully with the Company and any company
member of the Group and their counsel, upon their written request, with respect to any potential or pending proceedings (including, but
not limited to, any litigation, arbitration, regulatory proceedings, investigation or governmental action) that relates at least in part
to matters with which the Executive was involved while he was an Executive of the Company, or with which he has knowledge. The Executive
agrees to render such cooperation in a reasonably timely fashion and to provide Company and Group personnel and counsel with the full
benefit of his knowledge with respect to any such matter, and will make himself reasonably available for interviews, depositions, or court
appearances at the request of the Company or Group or their counsel. The Executive agrees that he will not participate voluntarily with
or provide assistance or information to any person or entity that is involved in a potential or existing business or legal dispute with
the Company or any company member of the Group including, but not limited, to litigation, arbitration, regulatory proceeding, investigation
or governmental action, except as may be required by law. If the Executive receives a complaint or subpoena or other legal process relating
to the Company or company member of the Group or a request for interview or to provide information concerning any existing, potential
or threatened claims against the Company or company member of the Group, he shall give written notice to the Company or Group to the attention
of the Global Chief Legal Officer and the EMEA/APAC Chief Legal and Corporate Affairs Officer within seven days of receipt and prior to
his response to any such process or communication, unless prohibited by applicable law. |
| e. | This Agreement constitutes the entire agreement between the Parties with respect to the subject matter
- termination of the Directors Service Agreement and the Employment contract - and merges and supersedes all prior written or oral agreements
and understandings between the Parties relating to the subject matter. Other than what is expressly stated in this Agreement, no different
or additional promises or representations of any kind have been made to induce Executive to sign this Agreement. No modifications of this
Agreement will be effective unless made in writing and signed by an authorized representative of the Parties. |
| 12. | CONFIDENTIALITY OF THE SETTLEMENT AGREEMENT |
The Parties will keep confidential the existence
and the contents of this Agreement from any third parties (especially, but not exclusively, clients, partners, colleagues, etc.),
without prejudice to its submission to the competent tax and/or social security authorities or any other competent authority and without
prejudice to its enforcement before a court of competent jurisdiction in the event that one of the contracting Parties does not comply
with its provisions. The present clause does not prevent the Company from sharing this Agreement with other Group companies.
If any provision of the Agreement is held invalid
or unenforceable, such invalidity or unenforceability shall not affect in any way the validity or enforceability of any other provisions
of the Agreement. In the event that any provision is held invalid or unenforceable, the Parties shall attempt to agree on a valid and
enforceable provision which shall be a reasonable substitute for such invalid or unenforceable provision in the light of the content of
the Agreement and, on so agreeing, shall incorporate such substitute provision into the Agreement.
| 14. | CONFIDENTIALITY OF THE CORRESPONDENCE |
For confidentiality reasons, the Parties expressly
agree that, after the signing of this Agreement, any correspondence between the Executive and the Company on the Agreement should be addressed
solely to the Global Chief Legal Officer and the EMEA/APAC Chief Legal and Corporate Affairs Officer, explicitly stating “strictly
confidential”.
Both Parties undertake to comply with this Agreement
in good faith and act loyally towards each other.
The Executive confirms having received sufficient
and independent advice before signing this Agreement and having been accorded sufficient time to understand fully the terms and the meaning
of this Agreement.
This Agreement shall be governed by and construed
in accordance with the Croatian law and each of the parties hereby irrevocably agrees for the exclusive benefit of the Company that the
competent court in Zagreb has jurisdiction to settle any disputes which may arise out of or in connection with this Agreement. Any delay
by the Company in exercising any of its rights under this Agreement will not constitute a waiver of such rights.
The Parties establish that the Directors Service
Agreement has been executed in bilingual version (Croatian and English) with the English version of the text as prevailing and that the
Employment Contract has been executed in Croatian language. The Parties agree to execute this Agreement only in English language and by
signing it they waive its right to challenge this Agreement due to the form and language in which it was executed.
This Agreement is made in duplicate, each of the
Parties acknowledging having received one original.
IN WITNESS whereof this Agreement has been signed by or on behalf
of the parties hereto on October 17, 2024.
For the Company:
Printed Name: |
Miroslav Holjevac |
|
Title: |
President of Management Board |
|
Signature: |
/s/ Miroslav Holjevac |
|
Date: |
October 17, 2024 |
|
|
|
|
For the Company: |
|
|
|
Printed Name: |
Alina Ruzic |
|
Title: |
Member of Management Board |
|
Signature: |
/s/ Alina Ruzic |
|
Date: |
October 17, 2024 |
|
|
|
|
For Molson Coors Beverage Company: |
|
|
|
Printed Name: |
Natalie G. Maciolek |
|
Title: |
Chief Legal & Government Affairs Officer and Secretary |
|
Signature: |
/s/ Natalie G. Maciolek |
|
Date: |
October 17, 2024 |
|
|
|
|
Executive: |
|
|
|
|
|
Signature: |
/s/ Sergii Ieskov |
|
Date: |
October 17, 2024 |
|
v3.24.3
Cover
|
Oct. 17, 2024 |
Document Information [Line Items] |
|
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Oct. 17, 2024
|
Entity File Number |
001-14829
|
Entity Registrant Name |
MOLSON
COORS BEVERAGE COMPANY
|
Entity Central Index Key |
0000024545
|
Entity Tax Identification Number |
84-0178360
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
P.O.
Box 4030
|
Entity Address, Address Line Two |
BC555
|
Entity Address, City or Town |
Golden
|
Entity Address, State or Province |
CO
|
Entity Address, Postal Zip Code |
80401
|
City Area Code |
303
|
Local Phone Number |
279-6565
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
false
|
Senior Notes Due 2032 [Member] |
|
Document Information [Line Items] |
|
Title of 12(b) Security |
3.800% Senior Notes due 2032
|
Trading Symbol |
TAP 32
|
Security Exchange Name |
NYSE
|
Common Class A [Member] |
|
Document Information [Line Items] |
|
Title of 12(b) Security |
Class
A Common Stock, par value $0.01
|
Trading Symbol |
TAP.A
|
Security Exchange Name |
NYSE
|
Common Class B [Member] |
|
Document Information [Line Items] |
|
Title of 12(b) Security |
Class
B Common Stock, par value $0.01
|
Trading Symbol |
TAP
|
Security Exchange Name |
NYSE
|
CANADA |
|
Document Information [Line Items] |
|
Entity Address, Address Line One |
111
Boulevard Robert-Bourassa
|
Entity Address, Address Line Two |
9th
Floor
|
Entity Address, City or Town |
Montréal
|
Entity Address, State or Province |
QC
|
Entity Address, Country |
CA
|
Entity Address, Postal Zip Code |
H3C
2M1
|
City Area Code |
514
|
Local Phone Number |
521-1786
|
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionISO 3166-1 alpha-2 country code.
+ References
+ Details
Name: |
dei_EntityAddressCountry |
Namespace Prefix: |
dei_ |
Data Type: |
dei:countryCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Section 14a -Number 240 -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_DebtInstrumentAxis=tap_Percent3.800SeniorNotesDue2032Member |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassBMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_StatementGeographicalAxis=country_CA |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
Molson Coors Beverage (NYSE:TAP.A)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
Molson Coors Beverage (NYSE:TAP.A)
Historical Stock Chart
Von Nov 2023 bis Nov 2024