Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: July 2, 2025 to July 8, 2025
Business Overview: CCEP is a leading consumer goods company operating in 31 countries, serving nearly 600 million consumers and over 4 million customers. The company is listed on Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
Key Financial Metrics and Transactions
This filing details specific transactions in the Company's own shares under a share buyback programme announced on February 14, 2025. The programme authorizes the repurchase of up to EUR 1 billion of ordinary shares. All repurchased shares are cancelled.
| Date of Purchase | US Venues (Shares) | London Venues (Shares) | Total Shares | US VWAP (USD) | London VWAP (GBP) |
|---|---|---|---|---|---|
| July 1, 2025 | 37,819 | 16,280 | 54,099 | 93.4906 | 67.87 - 68.18 |
| July 2, 2025 | 37,809 | 16,789 | 54,598 | 93.5132 | 68.55 - 68.67 |
| July 3, 2025 | 37,145 | 16,436 | 53,581 | 94.8888 | 69.16 - 69.20 |
| July 4, 2025 | 0 | 13,374 | 13,374 | N/A | 70.59 - 70.74 |
| July 7, 2025 | 36,515 | 16,050 | 52,565 | 96.8422 | 71.05 - 71.15 |
Note: No purchases were made on US Trading Venues on July 4, 2025, due to the Independence Day Public Holiday.
Material Changes and Trends
- Share Price Appreciation: The volume-weighted average price (VWAP) paid for shares increased over the reporting period. US share prices rose from approximately USD 93.49 on July 1 to USD 96.84 on July 7. London share prices rose from approximately GBP 67.87 to GBP 71.13 over the same period.
- Consistent Execution: The Company maintained a consistent daily repurchase volume of approximately 50,000 to 55,000 shares on active trading days, excluding the holiday on July 4.
- Counterparty: All transactions were executed through Goldman Sachs & Co. LLC, Goldman Sachs International, or their affiliates.
Guidance, Outlook, and Risks
Buyback Programme Status: The transactions are part of the ongoing EUR 1 billion share buyback programme. The filing does not provide an updated total amount repurchased to date or the remaining authorization balance.
Financial Performance: This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It is strictly a disclosure of share transactions.
Risks and Contingencies: The filing includes standard disclaimers stating that the announcements do not constitute an offer or solicitation of securities. No new material risks or contingencies were disclosed in this specific report.
Key Facts for Investor Verification
- Programme Capacity: Verify the total amount repurchased under the EUR 1 billion programme to date against the remaining authorization.
- Share Count Impact: Confirm the reduction in total outstanding shares following the cancellation of approximately 228,217 shares repurchased during this week.
- Market Timing: Note the upward trend in repurchase prices (USD and GBP) during the week, indicating the company is buying back shares at progressively higher valuations.
- Operational Continuity: Confirm that the pause in US trading on July 4 was solely due to the public holiday and did not reflect a strategic pause in the buyback programme.