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 18, 2025 to June 24, 2025
Business Overview: CCEP is a leading consumer goods company operating in 31 countries, serving nearly 600 million consumers and over 4 million customers. The company is listed on Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
Key Financial Metrics and Transactions
This filing reports on the execution of the Company's share buyback programme announced on February 14, 2025, with an aggregate authorization of up to EUR 1 billion. All repurchased shares are cancelled.
| Date of Purchase | US Venues (Shares) | London Venues (Shares) | Total Shares | US VWAP (USD) | London VWAP (GBP) |
|---|---|---|---|---|---|
| June 17, 2025 | 35,152 | 16,293 | 51,445 | 92.5165 | 68.3615 - 68.4189 |
| June 18, 2025 | 34,953 | 16,410 | 51,363 | 93.0447 | 69.0225 - 69.0953 |
| June 19, 2025 | 0 | 16,064 | 16,064 | N/A | 68.8143 - 69.0477 |
| June 20, 2025 | 34,960 | 5,358 | 40,318 | 93.0248 | 68.9800 - 69.0226 |
| June 23, 2025 | 34,995 | 0 | 34,995 | 92.9337 | N/A |
Counterparty: Goldman Sachs & Co. LLC, Goldman Sachs International, or affiliates.
Financial Performance: The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity metrics for the period.
Material Changes
Share Repurchase Activity: The Company actively executed buybacks across US and London trading venues throughout the week. Notable variations include:
- June 19, 2025: No purchases were made on US Trading Venues due to the Juneteenth Public Holiday.
- June 23, 2025: No purchases were made on London Trading Venues.
Price Trends: Share prices fluctuated within the reported period, with US VWAP ranging between approximately $92.52 and $93.04, and London VWAP ranging between approximately £68.36 and £69.10.
Guidance, Outlook, and Risks
Buyback Programme Status: The transactions are part of the ongoing EUR 1 billion share buyback programme. The filing does not provide updated guidance on the remaining balance of the programme or the expected completion date.
Management Commentary: No specific management commentary regarding operational outlook, risks, or contingencies is included in this filing beyond the standard description of the Company's business.
Risks: The filing states that the announcements do not constitute an offer or solicitation of an offer for securities in any jurisdiction.
Investor Verification Checklist
- Programme Balance: Verify the remaining authorization under the EUR 1 billion buyback programme against the cumulative shares repurchased to date.
- Share Count: Confirm the updated total number of ordinary shares outstanding following the cancellation of the repurchased shares.
- Market Impact: Review the impact of the buyback volume on the Company's market capitalization and earnings per share (EPS).
- Regulatory Compliance: Ensure all transactions comply with the Market Abuse Regulation (EU) No 596/2014 as applied in the UK.