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Coca-Cola (NYSE:KO) Europacific Partners PLC ( Euronext (EPA:ENX) Amsterdam:CCEP), currently trading at $21.36, has been actively purchasing its own shares, as part of a buyback programme announced earlier this year. According to InvestingPro analysis, the stock appears fairly valued at current levels, having declined over 44% in the past year. The company confirmed transactions that took place from Monday, May 14, 2025, to Tuesday, May 20, 2025, in a recent filing with the Securities Exchange Commission.
During this period, Coca-Cola Europacific Partners repurchased shares on various trading venues, including the US Trading Venues and the London Stock Exchange (LON:LSEG). The shares were bought from Goldman Sachs & Co. LLC, Goldman Sachs International, or their affiliates. The total number of shares acquired on US Trading Venues was substantial, while no shares were purchased on the London Trading Venues on May 20, 2025.
The repurchased shares are set to be cancelled, as part of the company’s strategy to return value to shareholders. The buyback programme, which was announced on February 14, 2025, outlines the company’s plan to repurchase up to EUR 1 billion of ordinary shares in total.
Coca-Cola Europacific Partners is a leading consumer goods company, known for manufacturing, moving, and selling some of the world’s most popular beverage brands. With annual revenue of nearly $11 billion and a healthy EBITDA of $69.5 million, the company demonstrates strong operational performance. InvestingPro rates the company’s overall financial health as "FAIR" with a score of 2.29 out of 5. The company serves nearly 600 million consumers and supports over 4 million customers across 31 countries.
The company is listed on Euronext Amsterdam, NASDAQ, and the London Stock Exchange, and is part of the NASDAQ 100 and FTSE 100 indices. This buyback activity is in accordance with the Market Abuse Regulation, and the company has provided detailed transaction information through a link included in the announcement.
The information in this article is based on a press release statement from Coca-Cola Europacific Partners and the SEC filing.
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