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Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an announcement.
Coca-Cola Europacific Partners has announced a strategic move to repurchase a total of 50,708 ordinary shares, divided between US and London trading venues as part of a broader share buyback program. This initiative, aimed at repurchasing up to EUR 1 billion in shares, reflects the company’s commitment to enhancing shareholder value and could potentially influence market dynamics by reducing the number of shares in circulation.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a major player in the consumer goods sector, known for manufacturing, distributing, and selling popular beverage brands. The company serves a vast consumer base of nearly 600 million people and supports over 4 million customers across 31 countries. It leverages the scale of a large multinational company while maintaining local expertise to cater to community needs. The company is publicly traded on several major exchanges, including Euronext Amsterdam, NASDAQ, and the London Stock Exchange.
YTD Price Performance: 10.91%
Average Trading Volume: 1,542,922
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $39.09B
See more data about CCEP stock on TipRanks’ Stock Analysis page.
