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The latest announcement is out from Coca-Cola Europacific Partners ( (CCEP) ).
Coca-Cola Europacific Partners announced a share buyback initiative as part of a previously disclosed program, purchasing 50,148 ordinary shares across various trading venues. This move is part of the company’s strategy to repurchase up to EUR 1 billion in shares, reflecting its commitment to enhancing shareholder value and indicating confidence in its ongoing financial performance.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company known for producing, distributing, and selling some of the world’s most beloved brands. The company operates in 31 countries, serving nearly 600 million consumers and supporting over 4 million customers. It is listed on major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and the Spanish Stock Exchanges under the symbol CCEP.
YTD Price Performance: 13.46%
Average Trading Volume: 1,587,313
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $39.93B
Learn more about CCEP stock on TipRanks’ Stock Analysis page.