Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) is dated March 1, 2019. The report discloses transactions in the Company's own shares conducted between February 22 and February 28, 2019, as part of an existing share buyback programme authorized by shareholders on May 31, 2018.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on share repurchase activity.
- Share Class: Ordinary shares of EUR 0.01 each.
- Execution Agent: Credit Suisse Securities (USA) LLC.
- Trading Venues: Purchases were executed across multiple US exchanges including NYSE, NASDAQ, BATS, BSE, IEX, and OTC Markets.
- Price Range: The lowest price paid per share was US$46.41 and the highest was US$47.74.
Material Changes and Activity Summary
The Company purchased a total of 400,000 ordinary shares during the reporting week. All purchased shares have been cancelled. The daily breakdown of purchases is as follows:
- February 22, 2019: 88,500 shares purchased.
- February 25, 2019: 94,920 shares purchased.
- February 26, 2019: 155,780 shares purchased.
- February 27, 2019: 111,000 shares purchased.
- February 28, 2019: 112,000 shares purchased.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The Company stated it 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 (400,000) against the Company's total outstanding share count to assess dilution impact.
- Confirm the remaining authority under the Buyback Programme announced on September 12, 2018.
- Review the detailed trade breakdown available at the Company's website for granular pricing analysis.
- Note that this filing does not contain operational or financial performance data for the period.