Buffett Watch

Warren Buffett: Absolutely no chance of taking Coca-Cola private

Buffett: No chance Coke would go private

Warren Buffett is categorically denying money manager David Winters' comments speculating that Coca-Cola could be taken private.

"Absolutely no chance of that," Buffett told CNBC on Tuesday.

Winters, CEO and founder of Wintergreen Advisers, has sent letters to Coca-Cola's shareholders, its board, and Buffett, criticizing the company's 2014 equity plan, which Winters said "will significantly erode the per-share value of Coca-Cola shares."

As of last month, Buffett's Berkshire Hathaway owned 400 million shares of Coca-Cola, just over 9 percent of the shares outstanding.

Read More Buffett defends Coke vote, wants secret CEO salaries

Coke shares rose 0.3 percent in early trading. The stock had been up more than 1 percent in premarket trading following Winters' comments in a Fox Business interview.

(What are Coke shares doing now? Click here)


More In Buffett Watch

CNBC ProWarren Buffett's stock shopping spree slows down even during market's big pullback. Here's why
CNBC ProMost of Warren Buffett's equity portfolio is tied up in just 5 stocks. Here’s what they are