Coca-Cola Europacific Partners ( (CCEP) ) has provided an update.
Coca-Cola Europacific Partners announced the repurchase of 52,223 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. This move is part of a strategic initiative to enhance shareholder value and optimize the company’s capital structure.
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 in 31 countries, serving nearly 600 million consumers and supporting over 4 million customers. It combines the scale of a multinational corporation with local expertise, and is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges under the symbol CCEP.
YTD Price Performance: 14.19%
Average Trading Volume: 2,450,978
Technical Sentiment Signal: Strong Sell
Current Market Cap: $40.17B
See more data about CCEP stock on TipRanks’ Stock Analysis page.