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Coca-Cola Europacific Partners Advances Share Buyback Program

Story Highlights
  • Coca-Cola Europacific Partners repurchased 105,769 shares as part of its buyback program.
  • The buyback reflects a strategy to enhance shareholder value and optimize capital structure.
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Coca-Cola Europacific Partners Advances Share Buyback Program

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Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an update.

Coca-Cola Europacific Partners announced the repurchase of 105,769 ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to EUR 1 billion of shares. This move is part of a strategic initiative to enhance shareholder value and optimize capital structure, reflecting the company’s 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. 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 several major stock exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.

For detailed information about CCEP stock, go to TipRanks’ Stock Analysis page.

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