Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: March 4, 2026 to March 10, 2026
Business Overview: CCEP is a leading consumer goods company operating across 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 Transactions in Own Shares (share buybacks) rather than operational financial results. The following metrics summarize the repurchase activity during the reporting period:
| Date of Purchase | US Trading Venues (Shares) | London Trading Venues (Shares) | Total Shares Purchased | US VWAP (USD) | London VWAP (GBP) |
|---|---|---|---|---|---|
| March 3, 2026 | 168,923 | 19,857 | 188,780 | 105.43 | 79.51 |
| March 4, 2026 | 92,814 | 19,836 | 112,650 | 104.06 | 78.08 |
| March 5, 2026 | 90,000 | 20,000 | 110,000 | 102.31 | 77.49 |
| March 6, 2026 | 50,000 | 20,000 | 70,000 | 100.17 | 75.57 |
| March 9, 2026 | 50,000 | 20,000 | 70,000 | 100.48 | 74.91 |
| Total Period | 451,737 | 99,693 | 551,430 | - | - |
Programme Details: These purchases are part of a share buyback programme announced on February 17, 2026, with an aggregate authorization of up to EUR 1 billion. All repurchased shares are cancelled.
Material Changes and Trends
- Share Price Trend: During the reporting period, the volume-weighted average price (VWAP) on US Trading Venues declined from approximately USD 105.43 to USD 100.48. Similarly, London Trading Venues saw a decline from GBP 79.51 to GBP 74.91.
- Volume Consistency: The company maintained a consistent daily repurchase volume on London Trading Venues (20,000 shares) across the last three days of the period, while US volumes varied.
- Counterparty: All transactions were executed via Goldman Sachs & Co. LLC, Goldman Sachs International, or their affiliates.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the ongoing execution of the EUR 1 billion buyback programme. No new operational guidance, revenue forecasts, or profit outlooks are provided in this specific document.
Risks and Contingencies: The filing includes standard disclaimers stating that the announcement does not constitute an offer or solicitation of securities. It references compliance with the Market Abuse Regulation (EU) No 596/2014 as applied in the UK.
Unusual Items: None reported. The activity is consistent with the previously announced capital return strategy.
Key Facts for Investor Verification
- Buyback Progress: Verify the cumulative amount spent against the EUR 1 billion authorization to assess remaining capacity.
- Share Count Impact: Confirm the reduction in total outstanding shares following the cancellation of 551,430 shares during this week.
- Price Sensitivity: Monitor the correlation between the declining share prices observed in this period and the company's execution strategy.
- Operational Data: Note that this filing contains no data on revenue, profit, cash flow, or debt; refer to the most recent Form 20-F or quarterly earnings release for operational metrics.