Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) dated October 26, 2018, reports on transactions in the Company's own shares. The filing details share repurchases executed between October 19 and October 25, 2018, under an existing buyback programme authorized by shareholders at the Annual General Meeting on May 31, 2018.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on share repurchase activity.
- Shares Purchased: A total of 659,989 ordinary shares (EUR 0.01 each) were purchased across five trading days.
- Price Range: The lowest price paid per share was 42.97 (October 25) and the highest was 45.31 (October 19).
- Volume Weighted Average Price (VWAP): Prices varied daily, ranging from approximately 43.40 to 45.08 depending on the trading venue and date.
- Trading Venues: Purchases were executed across multiple US exchanges including NASDAQ, NYSE, BATS, and OTC Markets.
- Share Status: All purchased shares have been cancelled.
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 execution of the share buyback programme, which represents a reduction in the Company's outstanding share count.
Guidance, Outlook, and Risks
Management Commentary: The Company stated it will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
Risks and Contingencies: No specific risks, contingencies, or unusual items were disclosed in this filing. The document serves as a regulatory disclosure of completed transactions.
Investor Verification Checklist
- Verify the total number of shares repurchased (659,989) against the Company's total outstanding share count to assess the impact on earnings per share.
- Confirm the remaining authority under the buyback programme announced on September 12, 2018, to determine future capital return potential.
- Review the detailed trade breakdown available at the provided URL for granular execution analysis.
- Note that this filing contains no operational or financial performance data; refer to the most recent Form 20-F or interim reports for revenue and profit metrics.