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Coca-Cola Europacific Partners ( (CCEP) ) has provided an update.
Coca-Cola Europacific Partners announced the repurchase of 49,275 ordinary shares as part of its share buyback program, with the shares acquired from Goldman Sachs entities on both US and London trading venues. This move is part of the company’s broader strategy to repurchase up to EUR 1 billion of its shares, reflecting a commitment to returning value to shareholders and potentially impacting its market positioning by reducing the number of shares in circulation.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company that produces, distributes, and sells popular beverage brands to nearly 600 million consumers across 31 countries. The company leverages its multinational scale and local expertise to support over 4 million customers and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
Learn more about CCEP stock on TipRanks’ Stock Analysis page.