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Coca-Cola (NYSE:KO) Europacific Partners plc (CCEP) has been actively purchasing its own shares as part of a buyback program, according to a recent SEC filing. The company, listed on several major stock exchanges including Euronext (EPA:ENX) Amsterdam, NASDAQ, London Stock Exchange (LON:LSEG), and the Spanish Stock Exchanges, is one of the leading consumer goods companies in the world. Currently trading at $20.79, the stock has experienced a challenging year with a -42.35% return over the past 12 months. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
The share repurchase activity took place on various trading venues between June 4, 2025, and June 9, 2025. Transactions were executed on both US Trading Venues, which include Nasdaq and other applicable US trading venues, and London Trading Venues, which consist of the London Stock Exchange, CBOE Europe Limited (BXE), and CBOE Europe Limited (CXE). Goldman Sachs & Co. LLC, Goldman Sachs International, or their affiliates were the counterparties from whom the shares were bought.
The shares bought on June 4, 2025, totaled 35,698 on US venues and 14,897 on London venues. The following day, the company acquired 35,444 and 15,953 shares on the US and London venues, respectively. This pattern of purchases continued on June 6, 9, and 10, with the company repurchasing tens of thousands of shares each day.
All repurchased ordinary shares are set to be cancelled, which is a common practice in buyback programs to reduce the number of shares available in the market and potentially increase the value of remaining shares. The buyback program, announced on February 14, 2025, aims for the repurchase of up to EUR 1 billion of ordinary shares in total. With a current dividend yield of 3.85% and a healthy Financial Health Score of 2.49 (rated as ’FAIR’ by InvestingPro), the company maintains a balanced approach to shareholder returns.
The company’s filing clarified that these announcements do not represent an offer or solicitation for securities in any jurisdiction. Moreover, details of the transactions, in compliance with the Market Abuse Regulation, are available through links provided in the SEC filing.
This activity aligns with Coca-Cola Europacific Partners’ commitment to shareholder value and strategic capital allocation. The company’s broad portfolio and international presence, coupled with its focus on local customer and community support, underpin its position as a significant player in the consumer goods sector. With revenue of nearly $11 billion in the last twelve months and a solid revenue growth of 6.78%, CCEP demonstrates strong operational performance. InvestingPro subscribers can access over 30 additional financial metrics and exclusive insights about CCEP’s market position and growth potential.
For further information about the company and its operations, interested parties can visit the official website or follow CCEP on LinkedIn. The information regarding the share buyback is based on the SEC filing by the company.
In other recent news, Coca-Cola Europacific Partners has continued its share buyback program, initially announced in February 2025. The company confirmed the purchase of several tranches of shares, including 34,426 shares on U.S. trading venues and 16,000 shares on London venues on May 28, 2025. This activity was part of a broader strategy to repurchase up to €1 billion worth of ordinary shares, with the acquired shares intended for cancellation. Coca-Cola Europacific Partners has enlisted Goldman Sachs & Co. LLC to facilitate these transactions.
Meanwhile, Pan American Silver Corp (NYSE:PAAS). has updated its arrangement agreements with MAG Silver Corp (TSX:MAG)., as disclosed in a recent SEC filing. The amendments to the original agreement, dated May 11, 2025, were significant enough to require formal documentation and public disclosure. This development may interest investors and stakeholders of both companies, given its potential impact on operations and strategic direction.
Additionally, JBS N.V. and JBS S.A. have filed Form 6-K reports with the SEC, detailing outcomes from their recent Extraordinary General Meetings of Shareholders. These filings include translations of meeting minutes and voting maps, aligning with regulatory requirements for foreign private issuers.
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