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An announcement from Coca-Cola Europacific Partners ( (CCEP) ) is now available.
Coca-Cola Europacific Partners has announced a continuation of its share buyback program, with a recent purchase of 30,719 ordinary shares on US trading venues. The company aims to repurchase up to EUR 1 billion in shares to reduce its issued share capital, with the first tranche of EUR 275 million completed and the second tranche of EUR 205 million commencing on 27 May 2025. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company that produces, distributes, and sells some of the world’s most popular beverage brands. It serves nearly 600 million consumers and supports over 4 million customers across 31 countries. The company 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.
For detailed information about CCEP stock, go to TipRanks’ Stock Analysis page.