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The latest announcement is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners announced the purchase of 106,604 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. This move is part of a strategic initiative to enhance shareholder value and reflects the company’s robust financial position. The repurchased shares will be canceled, potentially impacting the company’s stock supply and market perception.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company, known for producing and distributing some of the world’s most popular brands. The company serves nearly 600 million consumers and supports over 4 million customers across 31 countries, leveraging its multinational scale and local expertise. It is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and the Spanish Stock Exchanges.
Learn more about CCEP stock on TipRanks’ Stock Analysis page.