Coca-Cola Europacific Partners completes share buyback

Published 04/06/2025, 07:24
Coca-Cola Europacific Partners completes share buyback

LONDON - Coca-Cola (NYSE:KO) Europacific Partners plc (CCEP), a leading consumer goods company, has announced the completion of a share repurchase on Tuesday, involving a total of 49,395 ordinary shares. The transaction, part of a share buyback program unveiled on February 14, 2025, involved purchases on both US and London trading venues, with shares bought from Goldman Sachs & Co (NYSE:GS). LLC and its affiliates.

On June 3, 2025, CCEP repurchased 33,833 ordinary shares on the US Trading Venues and 15,562 shares on the London Trading Venues. Following the repurchase, these shares will be cancelled. The highest price paid for the shares on the US Trading Venues was USD 91.7900, and the lowest was USD 90.0700, with a volume weighted average price of USD 90.7818. In London, the highest and lowest prices were GBP 68.1000 and GBP 66.7000 respectively, with volume weighted average prices ranging from GBP 67.5012 to GBP 67.6191 across different platforms.

The buyback is a part of CCEP’s larger plan to repurchase up to EUR 1 billion of its ordinary shares. This move is in line with the company’s strategy to manage its capital effectively and deliver value to its shareholders.

CCEP is listed on several exchanges including Euronext (EPA:ENX) Amsterdam, NASDAQ, and the London Stock Exchange (LON:LSEG), and is a constituent of both the NASDAQ 100 and FTSE 100 indices. The company is known for its extensive portfolio of beverages and its presence across 31 countries, serving nearly 600 million consumers and supporting over 4 million customers.

This announcement is based on a press release statement and provides an overview of the company’s recent share repurchase activity. It does not constitute an offer for securities in any jurisdiction. Further transaction details are available through the London Stock Exchange’s regulatory news service.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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