Coca-Cola Europacific Partners Advances Share Buyback Program

Coca-Cola Europacific Partners ( (CCEP) ) has shared an announcement.

Coca-Cola Europacific Partners announced the repurchase of 54,262 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. The company serves nearly 600 million consumers and supports over 4 million customers across 31 countries, leveraging its multinational scale and local expertise.

YTD Price Performance: 5.75%

Average Trading Volume: 1,818,589

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $37.27B

See more insights into CCEP stock on TipRanks’ Stock Analysis page.