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Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an update.
Coca-Cola Europacific Partners announced the purchase of 72,609 ordinary shares on US trading venues 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 manage its capital structure and return value to shareholders, potentially impacting its market positioning and stakeholder interests.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company, known for producing, distributing, and selling some of the world’s most popular brands. The company serves nearly 600 million consumers and supports over 4 million customers across 31 countries. It combines the scale of a multinational business with local expertise and is listed on several major stock exchanges, including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
For a thorough assessment of CCEP stock, go to TipRanks’ Stock Analysis page.