CCEP Executes Share Buyback as Part of EUR 1B Strategy

Coca-Cola Europacific Partners PLC (NASDAQ:CCEP), a favorite consumer staple company, recently reported the repurchase of 49,395 ordinary shares. This buy-back strategy was revealed on February 14, 2025, as part of the share buy-back program, involving both the US-listed and UK-listed share purchases, with shares retrieved from The Goldman Sachs Group, Inc. (NYSE:GS) and related affiliates.

Out of the total ordinary shares bought back by CCEP, 33,833 belonged to the US Trading Venues, with the remaining 15,562 shares on the London Trading Venues. After the reacquisition, the shares ought to be canceled. The mean price paid for the shares on the US Trading Venues is USD 90.7818, with prices as high as USD 91.7900 and as low as USD 90.0700. On the other hand, the prices in London Venues hit a high and low of GBP 68.1000 and GBP 66.7000, respectively, with a weighted average price between GBP 67.5012 and GBP 67.6191 across various platforms.

A woman pouring a freshly made beverage from a large-scale bottling line.

This act of taking shares off the market is part of the company’s broader tactic to repurchase EUR 1 billion of its ordinary shares. This would allow Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) to manage its capital more effectively and deliver enhanced shareholder value.

Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) is a leading beverage subsidiary that produces and markets a range of non-alcoholic drinks. This U.K.-based company, founded in 1904, provides its products under diversified brand names, including Diet Coke, Sprite, Sprite Zero Sugar, and Fanta.

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