Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: February 26, 2025 to March 4, 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 (Nasdaq 100 constituent), London Stock Exchange, and Spanish Stock Exchanges.
Key Financial Metrics and Transactions
This filing details daily share repurchase transactions executed under a 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) |
|---|---|---|---|---|---|
| Feb 25, 2025 | 37,411 | 12,508 | 49,919 | 87.55 | 69.05 - 69.14 |
| Feb 26, 2025 | 36,598 | 11,904 | 48,502 | 86.47 | 68.53 - 68.93 |
| Feb 27, 2025 | 38,126 | 11,307 | 49,433 | 86.05 | 67.91 - 67.99 |
| Feb 28, 2025 | 38,088 | 12,756 | 50,844 | 86.14 | 68.48 - 68.57 |
| Mar 3, 2025 | 37,567 | 12,694 | 50,261 | 87.34 | 68.67 - 68.94 |
Financial Metrics Note: The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity figures. It is strictly a disclosure of share transactions.
Material Changes
The filing reports a consistent execution of the share buyback programme over five consecutive trading days. There are no material changes to the company's operations, financial position, or strategy disclosed in this document other than the reduction of outstanding share count via cancellation.
Guidance, Outlook, and Risks
Outlook: Management continues to execute the EUR 1 billion share buyback programme. The filing does not contain new financial guidance or operational outlook.
Risks and Contingencies: The filing includes standard disclaimers stating the announcements do not constitute an offer or solicitation of securities. Transactions were executed in compliance with the Market Abuse Regulation (EU) No 596/2014 as applied in the UK.
Key Facts for Investor Verification
- Buyback Status: Verify the total amount repurchased to date against the EUR 1 billion authorization limit.
- Share Count: Confirm the updated number of outstanding shares following the cancellation of approximately 249,000 shares in this period.
- Market Prices: Note the trading range on US venues (approx. USD 85.37 - 88.08) and London venues (approx. GBP 67.60 - 69.80) during the reporting window.
- Counterparty: All transactions were executed via Goldman Sachs & Co. LLC, Goldman Sachs International, or affiliates.