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Coca-Cola Europacific Partners ( (CCEP) ) has provided an update.
Coca-Cola Europacific Partners announced the repurchase of 50,449 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. The recent purchase involved transactions on both US and London trading venues, with shares to be subsequently cancelled. This move is part of the company’s strategy to enhance shareholder value, indicating a strong financial position and confidence in its market standing.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company that manufactures, distributes, and sells popular beverage brands. Serving nearly 600 million consumers across 31 countries, the company leverages its multinational scale and local expertise to foster growth for over 4 million customers. It is listed on multiple stock exchanges, including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
YTD Price Performance: 13.46%
Average Trading Volume: 1,587,313
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $39.93B
See more data about CCEP stock on TipRanks’ Stock Analysis page.
