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: August 9, 2019 to August 15, 2019
Subject: Disclosure of transactions in own shares under an existing share buyback programme.
Key Financial Metrics
This filing reports on capital return activities rather than operating performance. No revenue, profit, cash flow, or debt metrics are disclosed in this document.
- Share Class: Ordinary shares of EUR 0.01 each
- Transaction Type: Repurchase and cancellation of shares
- Execution Agent: Credit Suisse Securities (USA) LLC
- Trading Venues: Multiple US exchanges including NYSE, NASDAQ, BATS, and OTC Markets
Material Changes and Transaction Details
The Company executed share purchases across five trading days in August 2019. The following table summarizes the aggregated daily activity:
| Date | Total Shares Purchased | Lowest Price (USD) | Highest Price (USD) | Volume Weighted Avg Price (USD) |
|---|---|---|---|---|
| August 9, 2019 | 183,240 | 55.56 | 56.33 | 55.80 |
| August 12, 2019 | 192,999 | 54.99 | 55.45 | 55.17 |
| August 13, 2019 | 200,695 | 53.87 | 54.86 | 54.38 |
| August 14, 2019 | 199,660 | 53.61 | 54.58 | 54.10 |
| August 15, 2019 | 199,280 | 53.71 | 54.52 | 54.28 |
| Total Period | 975,874 | 53.61 | 56.33 | N/A |
Note: The filing text does not provide a single aggregate volume-weighted average price for the entire period; individual daily averages are listed above.
Guidance, Outlook, and Management Commentary
- Programme Authority: Purchases were made under the authority granted by shareholders at the Annual General Meeting on May 29, 2019, consistent with the programme announced on September 12, 2018.
- Future Activity: The Company stated it will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
- Share Status: All purchased shares have been cancelled.
- Risks and Contingencies: No specific risks or contingencies were disclosed in this filing.
Investor Verification Checklist
- Verify the total number of shares repurchased (975,874) against the Company's total outstanding share count to assess the impact on earnings per share.
- Confirm the remaining authorization limit under the Buyback Programme announced in September 2018.
- Review the detailed trade breakdown PDF linked in the filing for granular execution data.
- Monitor subsequent Form 6-K filings for updates on the completion of the buyback programme.