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The latest announcement is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners announced the repurchase of 105,693 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 the company’s strategy to enhance shareholder value and reflects its strong financial position. The repurchased shares were acquired from US and London trading venues and will be canceled, indicating a commitment to optimizing capital structure and returning value to shareholders.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company that produces, distributes, and sells popular beverage brands. It serves nearly 600 million consumers and supports over 4 million customers across 31 countries. The company combines the scale of a multinational business with local expertise and is listed on several major stock exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and the Spanish Stock Exchanges.
Find detailed analytics on CCEP stock on TipRanks’ Stock Analysis page.