Coca-Cola Europacific Partners Advances Share Buyback Program
Coca-Cola Europacific Partners announced the repurchase of 61,163 ordinary shares as part of its share buyback program, aiming to repurchase up to EUR 1 billion of shares. This initiative is expected to enhance shareholder value by reducing shares in circulation, potentially increasing earnings per share, and reflecting confidence in the company’s financial health.
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Coca-Cola Europacific Partners ( (CCEP) ) just unveiled an announcement.
Coca-Cola Europacific Partners announced the repurchase of 61,163 ordinary shares as part of its share buyback program, which aims to repurchase up to EUR 1 billion of shares. This move is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and reflecting confidence in the company’s financial health.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a leading consumer goods company, known for producing, distributing, and selling popular beverage brands. The company serves nearly 600 million consumers and supports over 4 million customers across 31 countries. It combines the scale of a multinational corporation with local expertise, and is listed on several major stock exchanges including Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
Learn more about CCEP stock on TipRanks’ Stock Analysis page.
