Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: December 17, 2025 to December 22, 2025
Context: CCEP is a leading consumer goods company operating in 31 countries, serving nearly 600 million consumers. This filing reports on the final transactions and the official completion of the Company's share buyback programme announced on February 14, 2025.
Key Financial Metrics and Capital Allocation
This filing focuses exclusively on capital return activities (share repurchases) and does not contain operational financial statements (revenue, profit, cash flow, or debt levels).
- Share Buyback Programme Cap: EUR 1 billion
- Total Shares Repurchased: 12,718,173 ordinary shares
- Total Consideration Paid: EUR 999,998,769.23
- Breakdown of Spend:
- USD 832,273,272 on US Trading Venues
- GBP 234,969,006 on London Trading Venues
- Recent Transaction Prices (Dec 16-19, 2025):
- Dec 16: VWAP USD 91.9636
- Dec 17: VWAP USD 92.6472
- Dec 18: VWAP USD 91.9386
- Dec 19: VWAP USD 92.7876
Material Changes and Programme Completion
Completion of Buyback: On December 22, 2025, the Company announced the full completion of its EUR 1 billion share buyback programme. The total amount spent (EUR 999,998,769.23) effectively utilized the entire authorized budget.
Share Cancellation: All repurchased shares, including those acquired in the final week of December 2025, are to be cancelled, thereby reducing the total share count outstanding.
Recent Activity: The filing details daily repurchases from December 16 to December 19, 2025, executed primarily on US Trading Venues via Jefferies LLC. No shares were purchased on London Trading Venues during these specific daily transactions, though the aggregate programme spend included significant London-based acquisitions.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not provide new financial guidance, revenue forecasts, or management commentary regarding future operational performance.
Risks and Contingencies: No new material risks or contingencies are disclosed in this specific filing. The document notes that the announcements do not constitute an offer or solicitation of securities.
Unusual Items: None reported. The activity represents the scheduled conclusion of a previously announced capital return strategy.
Key Facts for Investor Verification
- Verify the reduction in total shares outstanding following the cancellation of 12,718,173 shares.
- Confirm the impact of the EUR 999,998,769.23 cash outflow on the Company's liquidity and balance sheet in the next quarterly or annual report.
- Review the Company's next capital allocation announcement to determine if a new buyback programme will be authorized.
- Check the weighted average price paid (approx. USD 92.50 in the final week) against current market prices to assess the efficiency of the buyback execution.