COCA-COLA EUROPACIFIC PARTNERS Plc current report, Q2 FY2025

Business Context and Reporting Period

Company: Coca-Cola Europacific Partners Plc (CCEP)

Filing Type: Form 6-K (Report of Foreign Private Issuer)

Reporting Period: June 4, 2025 to June 10, 2025

Business Overview: CCEP is a leading consumer goods company operating across 31 countries, serving nearly 600 million consumers and over 4 million customers. The company is listed on Euronext Amsterdam, NASDAQ, the London Stock Exchange, and Spanish Stock Exchanges, and is a constituent of the NASDAQ 100 and FTSE 100 indices.

Key Financial Metrics and Capital Allocation

This filing does not contain operational financial results (revenue, profit, cash flow, or margins). The document exclusively details capital allocation activities regarding the company's share buyback programme.

  • Buyback Programme: Announced on February 14, 2025, with an aggregate authorization to repurchase up to EUR 1 billion of ordinary shares.
  • Transaction Counterparty: Goldman Sachs & Co. LLC, Goldman Sachs International, or affiliates.
  • Share Treatment: All repurchased ordinary shares are cancelled immediately.
  • Trading Venues: Purchases executed on US Trading Venues (Nasdaq) and London Trading Venues (London Stock Exchange, CBOE Europe Limited).

Material Changes and Transaction Details

The filing reports daily share repurchase transactions executed between June 3, 2025, and June 9, 2025. The following table summarizes the aggregate activity reported in this filing:

Date of Purchase US Venues (Shares) London Venues (Shares) Total Shares US VWAP (USD) London VWAP (GBP)
June 3, 2025 33,833 15,562 49,395 $90.78 £67.50 - £67.62
June 4, 2025 35,698 14,897 50,595 $91.10 £67.24 - £67.38
June 5, 2025 35,444 15,953 51,397 $91.76 £67.29 - £67.47
June 6, 2025 35,047 15,365 50,412 $92.79 £68.26 - £68.42
June 9, 2025 35,222 14,650 49,872 $92.33 £68.15 - £68.18
Total Reported 175,244 76,427 251,671 N/A N/A

Note: VWAP figures represent the Volume Weighted Average Price paid per ordinary share on specific venues. Prices fluctuated between approximately $90.07-$93.47 (USD) and £66.70-£68.80 (GBP) during the period.

Guidance, Outlook, and Risks

Management Commentary: The company confirms these purchases are part of the ongoing EUR 1 billion share buyback programme. No new guidance or outlook regarding operational performance was provided in this filing.

Risks and Contingencies: The filing includes standard disclaimers stating that the announcement does not constitute an offer or solicitation of an offer for securities in any jurisdiction. Full transaction details are referenced via links to the London Stock Exchange RNS schedules in compliance with the Market Abuse Regulation.

Key Facts for Investor Verification

  • Verify the remaining authorization under the EUR 1 billion buyback programme announced in February 2025.
  • Confirm the total number of shares cancelled to date versus the total outstanding share count.
  • Monitor the average cost basis of repurchased shares relative to current market prices on US and London venues.
  • Check subsequent filings for any updates to the buyback programme timeline or authorization limits.