Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) covers share repurchase activities conducted between August 30, 2019 and September 5, 2019. The report details transactions executed under the Company's existing buyback programme, authorized by shareholders at the Annual General Meeting on May 29, 2019. All purchased shares were cancelled immediately upon acquisition.
Key Financial Metrics
This filing is a regulatory disclosure of share transactions and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data provided relates to the specific share repurchase transactions:
- Share Class: Ordinary shares of EUR 0.01 each.
- Execution Agent: Credit Suisse Securities (USA) LLC.
- Trading Venues: Transactions occurred across multiple US exchanges including NYSE, NASDAQ, BATS, and OTC Markets.
- Price Range: The lowest price paid per share was $55.60 and the highest was $56.74 during the reporting period.
Material Changes
The filing does not report material changes to the Company's financial position, operations, or strategy compared to prior periods. It solely documents the ongoing execution of the share buyback programme. The volume of shares purchased varied daily, with the highest single-day aggregate volume occurring on September 3, 2019, primarily on the NYSE.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It states only that the Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
Investor Verification Checklist
- Verify the total number of shares repurchased across all dates (August 30 and September 3-5) to assess the programme's progress against the total authorized limit.
- Confirm the weighted average price paid per share to evaluate the cost efficiency of the buyback relative to the market price.
- Review the referenced external PDF link for a full breakdown of individual transactions if granular trade-level analysis is required.
- Check subsequent filings to determine if the buyback programme has been completed or if the authorization has been extended.