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An update from Coca-Cola Europacific Partners ( (CCEP) ) is now available.
Coca-Cola Europacific Partners has repurchased 35,935 of its own ordinary shares on US trading venues at a volume-weighted average price of $92.79 per share as part of its ongoing share buyback programme. The repurchased shares will be cancelled, contributing to the company’s plan to buy back up to €1 billion of stock, a move that underscores its focus on capital returns to shareholders and may enhance earnings per share while signalling confidence in its financial position and long-term strategy.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is one of the world’s leading consumer goods companies, responsible for making, distributing and selling many of the Coca-Cola system’s best-known beverage brands. It serves nearly 600 million consumers and supports over 4 million retail and hospitality customers across 31 countries, leveraging the scale of a large multinational while maintaining strong local execution. The company’s shares trade under the symbol CCEP on Euronext Amsterdam, Nasdaq (where it is a NASDAQ-100 constituent), the London Stock Exchange and the Spanish stock exchanges.
Learn more about CCEP stock on TipRanks’ Stock Analysis page.