Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: October 11, 2019 to October 17, 2019
Subject: Disclosure of transactions in own shares under an existing buyback programme.
Key Financial Metrics
This filing reports on share repurchase activity rather than operational financial performance. No revenue, profit, cash flow, margin, debt, or liquidity metrics are provided in this document.
| Date | Shares Purchased | Price Range (USD) | Volume Weighted Avg Price (USD) |
|---|---|---|---|
| October 11, 2019 | 120,696 | $56.08 - $56.77 | $56.55 (NYSE dominant) |
| October 14, 2019 | 150,000 | $56.66 - $57.16 | $56.89 |
| October 15, 2019 | 149,594 | $56.93 - $57.57 | $57.37 (NYSE dominant) |
| October 16, 2019 | 149,900 | $57.28 - $57.98 | $57.76 (NYSE dominant) |
| October 17, 2019 | 154,789 | $57.90 - $58.41 | $58.25 (NYSE dominant) |
| Total Period | 724,979 | $56.08 - $58.41 | N/A |
Note: All purchased shares were cancelled immediately upon acquisition.
Material Changes
The filing does not report material changes to the company's business operations, financial condition, or results of operations compared to prior periods. The primary activity is the execution of the share buyback programme authorized by shareholders at the Annual General Meeting on May 29, 2019.
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 or contingencies are disclosed in this filing. The transaction was executed through Credit Suisse Securities (USA) LLC across multiple US trading venues (USX), including NYSE, NASDAQ, BATS, and others.
Investor Verification Checklist
- Verify the total number of shares repurchased (724,979) against the remaining authorization under the Buyback Programme.
- Confirm the cancellation of these shares to ensure they are no longer outstanding.
- Review the detailed trade breakdown available at the company's website for granular execution data.
- Monitor future 6-K filings for updates on the completion of the buyback programme.