An announcement from Coca-Cola Europacific Partners ( (CCEP) ) is now available.
Coca-Cola Europacific Partners announced the repurchase of 56,638 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. The repurchased shares will be canceled, reflecting 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 that produces, distributes, and sells popular beverage brands. It serves nearly 600 million consumers and supports over 4 million customers across 31 countries, leveraging its multinational scale and local expertise. The company is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges under the symbol CCEP.
YTD Price Performance: 6.91%
Average Trading Volume: 2,589,198
Technical Sentiment Signal: Strong Sell
Current Market Cap: $38.24B
For an in-depth examination of CCEP stock, go to TipRanks’ Stock Analysis page.