An announcement from Coca-Cola Europacific Partners ( (CCEP) ) is now available.
Coca-Cola Europacific Partners announced the repurchase of 59,903 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. The shares were purchased on both US and London trading venues and will be canceled, reflecting the company’s strategy to enhance shareholder value.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company that produces, distributes, and sells popular beverage 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.
Average Trading Volume: 491,702
Technical Sentiment Signal: Buy
Current Market Cap: £31.14B
Learn more about CCEP stock on TipRanks’ Stock Analysis page.