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Coca-Cola Europacific Partners ( (CCEP) ) has provided an announcement.
Coca-Cola Europacific Partners has announced a €1 billion share buyback program aimed at reducing its issued share capital. The program, to be executed on Nasdaq, other US trading venues, and several UK and European exchanges, will commence on February 18, 2025, and conclude by February 2026. This initiative reflects the company’s strategic financial management, potentially boosting its stock value and returning capital to shareholders, hence reinforcing its market position.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company known for making, moving, and selling some of the world’s most beloved brands, serving nearly 600 million consumers and supporting over 4 million customers across 31 countries. The company leverages its multinational strength and local expertise to enhance customer and community engagement. It is listed on various major stock exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
YTD Price Performance: 6.32%
Average Trading Volume: 1,518,983
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $37.47B
Learn more about CCEP stock on TipRanks’ Stock Analysis page.
