Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an update.
Coca-Cola Europacific Partners announced the purchase of 49,808 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. This move is part of the company’s strategy to enhance shareholder value and reflects its strong financial position, potentially impacting its market standing and investor relations positively.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company that produces, distributes, and sells popular beverage brands. It serves nearly 600 million consumers and supports over 4 million customers across 31 countries. The company leverages its multinational scale and local expertise to cater to its diverse customer base.
YTD Price Performance: 14.03%
Average Trading Volume: 1,608,584
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $40.19B
See more insights into CCEP stock on TipRanks’ Stock Analysis page.