Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) is dated May 10, 2019. The report discloses specific transactions involving the purchase of the Company's own ordinary shares (EUR 0.01 each) as part of an existing share buyback programme authorized by shareholders on May 31, 2018.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Lowest Price (US$) | Highest Price (US$) | VWAP (US$) | Venue |
|---|---|---|---|---|---|
| May 3, 2019 | 95,000 | 53.76 | 54.55 | 54.28 | NYSE |
| May 6, 2019 | 95,000 | 54.08 | 54.77 | 54.50 | NYSE |
| May 7, 2019 | 100,000 | 53.80 | 54.59 | 54.12 | NYSE |
| May 8, 2019 | 95,000 | 54.03 | 54.56 | 54.35 | NYSE |
| May 9, 2019 | 122,910 | 53.29 | 54.08 | 53.65 | NYSE |
| Total | 507,910 | - | - | - | - |
All purchased shares were cancelled immediately upon acquisition. The transactions were executed by HSBC Securities (USA) Inc.
Material Changes
The filing does not report material changes to the Company's financial position, operations, or strategy compared to prior periods. It solely reports the execution of weekly share repurchases under the ongoing Buyback Programme.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. It notes that further announcements will be made in due course regarding the completion of additional purchases under the Buyback Programme. No specific risks or contingencies are disclosed in this document.
Investor Verification Checklist
- Verify the total number of shares repurchased (507,910) and the aggregate cost against the Company's remaining buyback authority.
- Confirm the cancellation status of the repurchased shares to ensure they are retired and not held as treasury stock.
- Review the detailed trade breakdown provided in the referenced PDF link for granular transaction timing and pricing.
- Check subsequent filings to monitor the progress and total volume of the Buyback Programme initiated in September 2018.