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Coca Cola HBC ( (GB:CCH) ) just unveiled an update.
Coca-Cola HBC AG announced the vesting of awards under its Performance Share Award Plan, initially granted in March 2022, which were transferred to persons discharging managerial responsibilities (PDMRs). The vested shares, including dividend equivalent shares, were acquired from treasury shares, with a portion sold to cover taxes and other liabilities. This transaction reflects the company’s commitment to rewarding its management team and aligning their interests with shareholders, potentially impacting the company’s operational focus and market positioning.
More about Coca Cola HBC
Coca-Cola HBC AG is a leading bottler of The Coca-Cola Company, operating in the non-alcoholic beverage industry. The company focuses on producing and distributing a wide range of beverages, including carbonated soft drinks, juices, and water, across multiple markets in Europe, Asia, and Africa.
YTD Price Performance: 26.79%
Average Trading Volume: 721,955
Technical Sentiment Signal: Sell
Current Market Cap: £12.55B
For a thorough assessment of CCH stock, go to TipRanks’ Stock Analysis page.