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Coca-Cola Europacific Partners ( (CCEP) ) has shared an announcement.
Coca-Cola Europacific Partners announced the purchase of 31,501 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 enhance shareholder value and optimize its capital structure, reflecting its strong financial position and commitment to returning capital to shareholders.
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 multiple stock exchanges, including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
Learn more about CCEP stock on TipRanks’ Stock Analysis page.