Coca-Cola Europacific Partners Advances Share Buyback Program

Coca-Cola Europacific Partners ( (CCEP) ) has shared an announcement.

Coca-Cola Europacific Partners announced the repurchase of 51,397 ordinary shares as part of its ongoing share buyback program, which aims to repurchase up to EUR 1 billion of shares. This move is part of the company’s strategy to enhance shareholder value and reflects its strong financial position. The repurchased shares will be canceled, indicating a reduction in the company’s outstanding shares, potentially increasing the value of remaining shares and benefiting stakeholders.

More about Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is a leading consumer goods company that produces, distributes, and sells popular beverage brands. The company serves nearly 600 million consumers and supports over 4 million customers across 31 countries. It combines the scale of a large multinational with local expertise, and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.

For an in-depth examination of CCEP stock, go to TipRanks’ Stock Analysis page.