Coca-Cola HBC AG Announces Internal Shareholding Restructuring

The latest update is out from Coca Cola HBC ( (GB:CCH) ).

Coca-Cola HBC AG announced a significant internal restructuring involving the acquisition of 757,306 shares by Mervail Company (PTC) Ltd, a trustee for a private discretionary trust benefiting the family of the late Avgie Leventis. This transaction, part of a reorganization of 2,138,277 shares held by Carlcan Holding Ltd, highlights the company’s strategic moves to manage its shareholdings and potentially strengthen its market position.

More about Coca Cola HBC

Coca-Cola HBC AG is a leading bottler of The Coca-Cola Company, operating in the consumer goods industry. The company primarily focuses on producing and distributing non-alcoholic beverages, including carbonated soft drinks, juices, and water, across various markets.

YTD Price Performance: 26.72%

Average Trading Volume: 678,839

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £12.55B

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