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Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an announcement.
Coca-Cola Europacific Partners announced the repurchase of 42,930 ordinary shares on US trading venues as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares in total. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company, producing and distributing popular beverage brands to nearly 600 million consumers across 31 countries. The company leverages its multinational scale and local expertise to support over 4 million customers. It is listed on major stock exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges, and is part of the NASDAQ 100 and FTSE 100 indices.
See more insights into CCEP stock on TipRanks’ Stock Analysis page.