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The latest update is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners announced the purchase of 70,500 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 a strategic effort to enhance shareholder value and reflects 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, known for producing, distributing, and selling popular beverage brands. The company operates in 31 countries, serving nearly 600 million consumers and supporting over 4 million customers. It combines the scale of a multinational business with local expertise and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
For a thorough assessment of CCEP stock, go to TipRanks’ Stock Analysis page.