Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) was submitted on May 24, 2019. The report discloses specific transactions regarding the Company's purchase of its own ordinary shares (EUR 0.01 each) under an existing share buyback programme authorized by shareholders on May 31, 2018.
Key Financial Metrics and Transaction Details
The filing details the repurchase of 475,000 ordinary shares executed between May 17 and May 23, 2019, via HSBC Securities (USA) Inc. on the New York Stock Exchange (NYSE). All purchased shares were cancelled immediately.
| Date | Shares Purchased | Lowest Price (USD) | Highest Price (USD) | VWAP (USD) |
|---|---|---|---|---|
| May 17, 2019 | 95,000 | 56.26 | 56.95 | 56.72 |
| May 20, 2019 | 95,000 | 55.63 | 56.78 | 56.59 |
| May 21, 2019 | 95,000 | 56.23 | 57.07 | 56.53 |
| May 22, 2019 | 95,000 | 56.24 | 57.01 | 56.65 |
| May 23, 2019 | 95,000 | 55.85 | 56.46 | 56.08 |
Revenue, profit, cash flow, margins, debt, and liquidity metrics are not provided in this filing. This document is a regulatory disclosure of share repurchase activity only.
Material Changes
The filing does not report material changes to the Company's financial position, operations, or strategy. It solely reports the execution of share buybacks consistent with the programme announced on September 12, 2018.
Guidance, Outlook, and Risks
The Company stated it will make further announcements in due course following the completion of any additional purchases under the Buyback Programme. No new guidance, outlook, risks, or contingencies were disclosed in this specific report.
Investor Verification Checklist
- Verify the total number of shares repurchased (475,000) and the weighted average price paid.
- Confirm that all repurchased shares were cancelled, reducing the total share count.
- Review the full breakdown of individual trades available at the Company's website link provided in the filing.
- Check subsequent filings for updates on the remaining authority under the 2018 Buyback Programme.