Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) reports on transactions in its own shares conducted between August 23, 2019, and August 29, 2019. The report details purchases made under the Company's existing buyback programme, authorized by shareholders at the Annual General Meeting on May 29, 2019. All purchased shares were cancelled immediately upon acquisition.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on share repurchase activity.
- Total Shares Purchased: 362,539 ordinary shares (EUR 0.01 each).
- Price Range: Lowest price paid was $54.395; highest price paid was $56.63.
- Trading Venues: Purchases were executed across multiple US exchanges including NASDAQ, NYSE, BATS, IEX, and OTC Markets.
- Investment Firm: Credit Suisse Securities (USA) LLC.
Material Changes
This filing is a routine disclosure of share buyback activity and does not report material changes to the Company's financial position, operations, or strategy compared to prior periods. The activity represents a continuation of the buyback programme announced in September 2018.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It states only that the Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
Investor Verification Checklist
- Verify the total number of shares repurchased (362,539) against the Company's total outstanding share count to assess the impact on capital structure.
- Confirm the remaining authority under the buyback programme announced in September 2018 and approved in May 2019.
- Review the detailed trade breakdown available at the provided URL for granular execution data.
- Check subsequent filings to determine if the buyback programme has been completed or extended.