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The latest update is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners has executed a share buyback, purchasing a total of 108,564 ordinary shares across US and London trading venues. This move is part of a previously announced share buyback program, aiming to repurchase up to EUR 1 billion in shares. The repurchased shares will be canceled, which is expected to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and reflecting confidence in the company’s financial health.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company, known for making, moving, and selling popular brands. It serves nearly 600 million consumers and supports over 4 million customers across 31 countries. The company combines the scale of a large multinational with local expertise and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
Learn more about CCEP stock on TipRanks’ Stock Analysis page.