Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: August 27, 2025, to September 2, 2025
Context: This filing discloses a series of daily transactions in the Company's own shares (share buybacks) executed under a programme announced on February 14, 2025. CCEP is a leading consumer goods company operating in 31 countries, listed on multiple exchanges including NASDAQ and the London Stock Exchange.
Key Financial Metrics and Transactions
The filing details specific share repurchase activities rather than operational financial results (revenue, profit, or cash flow). The following metrics summarize the buyback activity during the reporting period:
- Programme Cap: Up to EUR 1 billion in aggregate ordinary shares.
- Transaction Counterparty: Goldman Sachs & Co. LLC, Goldman Sachs International, or affiliates.
- Share Treatment: All repurchased ordinary shares are cancelled.
- Trading Venues: US Trading Venues (Nasdaq) and London Trading Venues (LSE, CBOE Europe).
| Date of Purchase | US Shares Purchased | London Shares Purchased | Total Shares Purchased | US VWAP (USD) | London VWAP (GBP) |
|---|---|---|---|---|---|
| August 26, 2025 | 36,194 | 21,059 | 57,253 | $89.4993 | £66.5377 - £66.6133 |
| August 27, 2025 | 36,582 | 21,214 | 57,796 | $88.5501 | £65.8958 - £66.2480 |
| August 28, 2025 | 36,625 | 17,770 | 54,395 | $88.4447 | £65.5207 - £65.5844 |
| August 29, 2025 | 36,386 | 16,895 | 53,281 | $89.0255 | £65.9219 - £66.0114 |
| September 1, 2025 | 0 | 17,949 | 17,949 | N/A | £65.6145 - £65.6585 |
Note: No purchases were made on US Trading Venues on September 1, 2025, due to the Labor Day Public Holiday.
Material Changes and Observations
- Consistent Execution: The Company maintained a consistent daily buyback volume on US venues (approx. 36k shares) and London venues (approx. 17k-21k shares) throughout the week, excluding the US holiday.
- Price Range: US share prices traded between approximately $87.88 and $90.07. London share prices traded between approximately £65.20 and £66.80.
- Operational Continuity: The buyback programme continues actively under the February 2025 authorization.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms that these transactions are part of the ongoing EUR 1 billion share buyback programme. No new guidance, outlook, or strategic commentary was provided in this specific filing.
Risks and Contingencies: The filing includes standard disclaimers stating that the announcement does not constitute an offer or solicitation of securities. It references compliance with the Market Abuse Regulation (EU) No 596/2014 as applied in the UK.
Unusual Items: The filing text does not provide clear values for revenue, profit, cash flow, debt, or liquidity. These metrics are not applicable to this specific Form 6-K disclosure, which focuses solely on share transactions.
Key Facts for Investor Verification
- Verify the total cumulative amount repurchased under the EUR 1 billion programme to date against the Company's latest financial statements.
- Confirm the impact of the cancelled shares on the total share count and earnings per share (EPS) in upcoming reports.
- Monitor the remaining authorization under the buyback programme to assess future capital allocation capacity.
- Review the full transaction schedules linked in the filing for granular trade-level data if required for compliance analysis.