Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) reports on transactions in its own shares conducted between September 21, 2018, and September 27, 2018. The report details purchases made under the Company's existing share buyback programme, authorized by shareholders at the Annual General Meeting on May 31, 2018, and announced on September 12, 2018. All purchased shares were cancelled immediately.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity figures. It focuses exclusively on share repurchase activity.
- Total Shares Purchased: 796,000 ordinary shares (EUR 0.01 each).
- Price Range: Lowest price paid was $45.19; highest price paid was $46.15.
- Trading Venues: Purchases were executed across multiple US exchanges including NYSE, NASDAQ, CBOE, BATS, and OTC Markets.
- Investment Firm: Credit Suisse Securities (USA) LLC.
Material Changes
This filing represents a routine update on the execution of the ongoing buyback programme. There are no material changes to the Company's financial position, operations, or capital structure reported other than the reduction in outstanding share count due to the cancellation of the 796,000 repurchased shares.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operational outlook, or discussion of risks and contingencies. The Company stated it will make further announcements in due course following the completion of any additional purchases pursuant to the Buyback Programme.
Investor Verification Checklist
- Verify the total number of shares repurchased (796,000) against the Company's total authorized buyback limit to assess remaining capacity.
- Confirm the weighted average price paid per share relative to the market price on the transaction dates.
- Review the detailed individual trade breakdown available at the URL provided in the filing for granular execution analysis.
- Check subsequent filings to determine if the buyback programme has been completed or extended.