JDE Peet’s Advances EUR 250 Million Share Buyback Program

The latest announcement is out from JDE Peet’s NV ( (NL:JDEP) ).

JDE Peet’s has repurchased 1,284,361 shares between March 3 and March 7, 2025, at an average price of EUR 18.25 per share, totaling EUR 23.4 million. This buyback is part of a larger EUR 250 million share repurchase program announced earlier in March, reflecting the company’s strategic focus on enhancing shareholder value.

More about JDE Peet’s NV

JDE Peet’s is the world’s leading pure-play coffee and tea company, operating in over 100 markets with a diverse portfolio of more than 50 brands such as L’OR, Peet’s, Jacobs, and Douwe Egberts. In 2024, the company reported sales of EUR 8.8 billion and employed over 21,000 people globally.

YTD Price Performance: 13.16%

Average Trading Volume: 546,522

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €8.94B

For an in-depth examination of JDEP stock, go to TipRanks’ Stock Analysis page.