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The latest announcement is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners announced the repurchase of 52,781 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. The shares were purchased on US and London trading venues and will be canceled, indicating a strategic move to enhance shareholder value and optimize 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. The company leverages its multinational scale and local expertise to cater to its diverse customer base 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.