Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (CCEP) dated June 7, 2019, reports on transactions in the company's own shares. The filing covers share repurchases executed between May 31, 2019, and June 6, 2019, under an existing buyback programme authorized by shareholders at the Annual General Meeting on May 29, 2019.
Key Financial Metrics
The filing does not provide financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on share repurchase activity.
| Date | Shares Purchased | Lowest Price (USD) | Highest Price (USD) | Volume Weighted Avg Price (USD) |
|---|---|---|---|---|
| May 31, 2019 | 117,400 | 54.90 | 55.79 | 55.42 |
| June 3, 2019 | 115,000 | 55.46 | 56.50 | 56.08 |
| June 4, 2019 | 115,000 | 56.10 | 57.00 | 56.46 |
| June 5, 2019 | 110,000 | 56.46 | 56.86 | 56.64 |
| June 6, 2019 | 110,000 | 56.80 | 57.89 | 57.49 |
| Total | 567,400 | - | - | - |
All purchased shares were cancelled immediately upon acquisition. Transactions were executed via HSBC Securities (USA) Inc. on the New York Stock Exchange (NYSE).
Material Changes
The filing does not contain comparative financial data or material changes to the company's operational performance versus prior periods. The primary activity reported is the reduction of outstanding share count through the buyback programme.
Guidance, Outlook, and Risks
The company stated it will make further announcements following the completion of any additional purchases under the Buyback Programme. No specific financial guidance, outlook, or discussion of risks and contingencies is included in this specific filing.
Investor Verification Checklist
- Verify the total number of shares repurchased (567,400) and the average cost basis against the company's total treasury share count.
- Confirm the remaining authority under the buyback programme approved on May 29, 2019.
- Review the detailed trade breakdown available at the provided URL for granular execution analysis.
- Check subsequent filings for updates on the completion of the buyback programme.