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Coca-Cola Europacific Partners plc 6-K Report: Major Share Buyback Insights!

$CCEP
Form 6-K
Filed on: 2025-04-22
Source
Coca-Cola Europacific Partners plc 6-K Report: Major Share Buyback Insights!

Key Insights from Coca-Cola Europacific Partners plc SEC 6-K Filing (April 22, 2025)

1. Company Overview:

  • Name: Coca-Cola Europacific Partners plc (CCEP)
  • Nature of Business: Leading consumer goods company, operates in 31 countries, serving nearly 600 million consumers.
  • Listing: CCEP is listed on Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges, as part of the Nasdaq 100 and FTSE 100 indices.

2. Share Repurchase Program:

  • Announcement Date: February 14, 2025.
  • Total Amount for Buyback: Up to EUR 1 billion in ordinary shares.

3. Recent Transactions in Own Shares:

  • Dates of Transactions:
    • April 15, 2025:
    • Purchased 34,735 shares on US Trading Venues and 19,442 shares on London Trading Venues.
    • April 16, 2025:
    • Purchased 39,179 shares on US Trading Venues and 19,127 shares on London Trading Venues.
    • April 17, 2025:
    • Purchased 39,051 shares on US Trading Venues and 18,767 shares on London Trading Venues.
    • April 21, 2025:
    • Purchased 39,314 shares on US Trading Venues; no shares purchased on London Trading Venues due to market closure for Easter.
  • Purchase Details:
    • Transactions were executed through Goldman Sachs & Co. LLC and affiliates.
    • All repurchased shares will be canceled.

4. Pricing Information:

  • Highest and Lowest Prices (per share) during recent purchases:
    • April 15: Highest USD 89.13; Lowest USD 88.11.
    • April 16: Highest USD 90.38; Lowest USD 87.41.
    • April 17: Highest USD 89.37; Lowest USD 88.04.
    • April 21: Highest USD 89.37; Lowest USD 88.04 (for US Trading Venues).

5. Contact Information:

  • Company Secretariat: Clare Wardle.
  • Investor Relations: Sarah Willett.
  • Media Relations: Shanna Wendt.

6. Compliance and Regulatory Notes:

  • The report is filed under the Securities Exchange Act of 1934, indicating compliance with relevant securities regulation.

Conclusion:

Coca-Cola Europacific Partners plc is actively executing a substantial share buyback program, reflecting confidence in its valuation and commitment to enhancing shareholder value. The recent transactions highlight a strategic approach to managing capital and shareholder returns. Investors and analysts may find the price details and quantity of shares repurchased valuable in assessing the company’s financial health and market strategy.