Coca-Cola Europacific Partners ( (CCEP) ) has shared an announcement.
Coca-Cola Europacific Partners announced the repurchase of 49,673 ordinary shares on US and London trading venues from Goldman Sachs as part of their share buyback program, which aims to repurchase up to EUR 1 billion of shares. This strategic move is part of the company’s plan to enhance shareholder value and optimize capital structure, reflecting a strong financial position and commitment to stakeholders.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a prominent global consumer goods company, known for producing, distributing, and selling popular beverage brands. Catering to nearly 600 million consumers and supporting over 4 million customers across 31 countries, the company leverages its multinational scale with local expertise to effectively serve its markets. CCEP is listed on major stock exchanges, including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges, trading under the symbol CCEP.
YTD Price Performance: 14.03%
Average Trading Volume: 1,608,584
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $40.19B
Learn more about CCEP stock on TipRanks’ Stock Analysis page.