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Coca-Cola HBC Adjusts Share Capital and Voting Rights

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An announcement from Coca Cola HBC ( (GB:CCH) ) is now available.

Coca-Cola HBC AG announced the transfer of 100,000 ordinary shares from treasury to cover options under its share option plan, adjusting its total voting rights to 363,430,009. This move is part of the company’s compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, impacting shareholder calculations and transparency in share capital interests.

Spark’s Take on GB:CCH Stock

According to Spark, TipRanks’ AI Analyst, GB:CCH is a Outperform.

Coca Cola HBC demonstrates solid financial performance with notable revenue growth and effective cost management. Technical indicators are positive, showing upward momentum, though caution is advised due to potential overbought conditions. The company is fairly valued with a reasonable P/E ratio and dividend yield. Strategic guidance from the earnings call indicates a strong future outlook, despite some macroeconomic challenges.

To see Spark’s full report on GB:CCH stock, click here.

More about Coca Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and a strategic bottling partner of The Coca-Cola Company. It operates across 29 countries, serving 750 million consumers with a diverse portfolio of beverages, including sparkling drinks, juices, water, sports drinks, energy drinks, and premium spirits. The company is committed to sustainability and ranks highly in ESG benchmarks.

YTD Price Performance: 42.75%

Average Trading Volume: 872,491

Technical Sentiment Signal: Sell

Current Market Cap: £14.17B

For a thorough assessment of CCH stock, go to TipRanks’ Stock Analysis page.

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