Coca-Cola Europacific Partners Completes Share Buyback Transaction

Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an update.

Coca-Cola Europacific Partners announced the completion of a share buyback transaction, purchasing 27,685 ordinary shares on the US Trading Venues as part of its ongoing share buyback programme. This initiative, which aims to repurchase up to EUR 1 billion of shares, reflects the company’s strategic focus on enhancing shareholder value. The repurchased shares will be cancelled, potentially impacting the company’s stock value positively and signaling confidence in its financial health.

More about Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is a leading consumer goods company, known for producing, distributing, and selling popular beverage brands. The company operates across 31 countries, serving nearly 600 million consumers and supporting over 4 million customers. It combines global scale with local expertise and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.

Learn more about CCEP stock on TipRanks’ Stock Analysis page.