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 June 14, 2019. The report discloses transactions in the Company's own shares conducted between June 7, 2019 and June 13, 2019. These purchases were executed through HSBC Securities (USA) Inc. on the New York Stock Exchange (NYSE) as part of an existing share buyback programme authorized by shareholders at the Annual General Meeting on May 29, 2019.
Key Financial Metrics
This filing is a regulatory disclosure of share repurchases and does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The filing text does not provide a clear value for these items.
Material Changes and Transaction Details
The Company purchased a total of 600,000 ordinary shares (EUR 0.01 each) during the reporting week. All purchased shares have been cancelled. The daily breakdown of purchases is as follows:
- June 7, 2019: 110,000 shares; VWAP: $57.996154
- June 10, 2019: 110,000 shares; VWAP: $57.527615
- June 11, 2019: 110,000 shares; VWAP: $57.952786
- June 12, 2019: 110,000 shares; VWAP: $57.890449
- June 13, 2019: 160,000 shares; VWAP: $57.471199
The price range for the week was a low of $57.07 and a high of $58.33 per share.
Guidance, Outlook, and Risks
The filing states that the Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme. No specific financial guidance, management commentary on operational outlook, or discussion of risks and contingencies is included in this document.
Investor Verification Checklist
- Verify the total number of shares repurchased (600,000) against the Company's remaining buyback authority.
- Confirm the cancellation status of the repurchased shares to ensure they are retired and not held as treasury stock.
- Review the detailed trade breakdown available at the provided URL for granular transaction timing.
- Check subsequent filings for updates on the completion of the buyback programme.