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)
Date: October 19, 2018
Subject: Disclosure of transactions in own shares under an existing buyback programme authorized by shareholders on May 31, 2018.
Key Financial Metrics
This filing reports on share repurchase activity rather than operational financial performance. Consequently, the filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Share Repurchase Activity (October 12–18, 2018):
- Total Shares Purchased: 633,850 ordinary shares (EUR 0.01 each).
- Status: All purchased shares have been cancelled.
- Price Range: Lowest price paid was $42.73; highest price paid was $45.60.
- Execution: Purchases were executed via Credit Suisse Securities (USA) LLC across multiple US trading venues (including NYSE, NASDAQ, and OTC).
Material Changes
The filing does not contain comparative financial data or material changes to the company's business operations versus prior periods. The primary activity reported is the execution of the buyback programme announced on September 12, 2018.
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, contingencies, or unusual items were disclosed in this filing.
Guidance: No financial guidance or outlook was provided in this document.
Investor Verification Checklist
- Verify the total number of shares repurchased (633,850) against the company's total authorized buyback limit.
- Confirm the weighted average price paid per share across the five trading days.
- Review the full breakdown of individual transactions available at the link provided in the filing for granular trade data.
- Monitor future 6-K filings for updates on the remaining capacity of the buyback programme.