Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an update.
Coca-Cola Europacific Partners announced the purchase of 59,725 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 will be canceled, which may positively impact the company’s earnings per share and market perception.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company, known for producing, distributing, and selling 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 corporation with local expertise and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
Average Trading Volume: 488,887
Technical Sentiment Signal: Buy
Current Market Cap: £31.25B
For detailed information about CCEP stock, go to TipRanks’ Stock Analysis page.