Coca-Cola Europacific Partners Buys Back 16,064 Shares as Part of €1 Billion Share Repurchase Programme

Buyback aims to boost shareholder value and signal long-term confidence in the company

CCEP Buys Back Over 16,000 Shares on UK Markets

Coca-Cola Europacific Partners (CCEP) has repurchased 16,064 ordinary shares on 19 June as part of its ongoing €1 billion share buyback programme, the company announced on Friday.

The purchases were made exclusively on UK trading venues, including:

• 9,695 shares on the London Stock Exchange (LSE)
• 1,620 shares on CBOE Europe Limited (CXE)
• 4,749 shares on CBOE Europe Limited (BXE)

No transactions took place on US exchanges due to the Juneteenth public holiday.

Buyback Prices and Trading Details

CCEP paid between £68.40 and £69.30 per share, with volume-weighted average prices ranging from £68.81 to £69.05 across the platforms. The buyback was executed by Goldman Sachs & Co. LLC and Goldman Sachs International, acting on behalf of CCEP.

The company confirmed that all shares repurchased will be cancelled, permanently reducing the total number of shares in circulation.

Why Is Coca-Cola Europacific Partners Buying Back Shares?

Share buybacks are a strategic financial tool that companies use for several reasons:

• Boosting shareholder value by increasing earnings per share (EPS)
• Signalling confidence in the company’s future performance
• Returning excess capital to shareholders instead of issuing dividends
• Helping to stabilise or increase the share price over time

For investors, a buyback is often seen as a positive indicator—especially when a company like CCEP commits up to €1 billion to the programme, as announced in February 2025.

About Coca-Cola Europacific Partners

CCEP is one of the world’s largest consumer goods companies and the largest independent Coca-Cola bottler by revenue. The company operates in 31 countries, including markets in Europe, Australia, and the Asia-Pacific region.

CCEP shares are traded on several major stock exchanges, including:

• Euronext Amsterdam
• NASDAQ
• London Stock Exchange
• Spanish Stock Exchanges

The stock is listed under the ticker symbol CCEP.

Summary: What This Means for Investors

• 16,064 shares repurchased in latest transaction on UK venues
• Buyback part of a wider €1 billion programme aimed at enhancing shareholder returns
• Share prices ranged from £68.40 to £69.30
• All shares will be cancelled, reducing total share count
• Positive signal for investors: CCEP is confident in its long-term growth

With more purchases expected in the coming months, investors should watch CCEP’s share price and volume activity as the buyback progresses.

Sources: (Investing.com, ChatGPT)