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Coca-Cola Europacific Partners Advances Share Buyback Program

Story Highlights
  • Coca-Cola Europacific Partners repurchased 61,613 shares as part of a 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) ) has provided an update.

Coca-Cola Europacific Partners announced the repurchase of 61,613 ordinary shares as part of its share buyback program, aiming to repurchase up to EUR 1 billion in shares. This move, involving transactions on both US and London trading venues, reflects the company’s strategic focus on enhancing shareholder value and optimizing its capital structure.

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. Serving 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, and the London Stock Exchange, and is part of the NASDAQ 100 and FTSE 100 indices.

See more insights into CCEP stock on TipRanks’ Stock Analysis page.

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