What happens if I buy KO after the record date for the split?
According to the Coca Cola website:
•The record date, which is July 27, 2012, determines which shareowners are entitled to receive one additional share for each share owned as of the record date due to the split. July 27, 2012 is also the effective date of the amendment to the certificate of incorporation that will double the number of shares of authorized common stock. •The payment date (or distribution date), which is August 10, 2012, is the date shareowners of record are mailed notification of the shares received as a result of the split. •The ex-split date, which is August 13, 2012, is the date the common stock will trade on the NYSE under the ticker symbol "KO" at the new split-adjusted price.
so If I buy after the 27th and before august 13 will I not get split shares?
"If I buy after the 27th and before august 13 will I not get split shares?"
If you hold until the ex-date of August 13th, you will get the split shares. Anyone who sells before August 13th, no matter if they were a shareholder of record or not, will also be selling their right to the split shares.