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The latest announcement is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners announced the repurchase of 109,415 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of ordinary shares. This move is part of the company’s strategy to enhance shareholder value and reflects its strong financial position. The repurchased shares will be canceled, potentially increasing the value of remaining shares and signaling confidence in the company’s future performance.
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 operates across 31 countries, serving nearly 600 million consumers and supporting over 4 million customers. The company is listed on major stock exchanges, including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
Find detailed analytics on CCEP stock on TipRanks’ Stock Analysis page.