Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) covers share repurchase transactions executed between November 30, 2018 and December 6, 2018. The report details purchases made under the Company's existing buyback programme, authorized by shareholders at the Annual General Meeting on May 31, 2018, and announced on September 12, 2018. All purchased shares were cancelled immediately.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It is a regulatory disclosure of specific share transaction data.
| Date | Total Shares Purchased | Lowest Price (USD) | Highest Price (USD) | Primary Venues |
|---|---|---|---|---|
| November 30, 2018 | 115,000 | 48.11 | 48.61 | NYSE, OTC, BYX |
| December 3, 2018 | 291,800 | 47.615 | 48.40 | NYSE, OTC, CFX, NASDAQ |
| December 4, 2018 | 201,500 | 47.78 | 48.39 | NYSE, OTC, CFX, NASDAQ |
| December 6, 2018 | 120,510 | 46.88 | 47.79 | NYSE, NASDAQ, PSE |
| Total Period | 728,810 | 46.88 | 48.61 | Multiple US Exchanges |
Material Changes
The filing does not provide comparative financial data against prior periods. The primary activity reported is the reduction of the Company's share count through the cancellation of 728,810 ordinary shares. The lowest price paid during this period ($46.88) occurred on December 6, 2018, representing a decrease from the highest price paid ($48.61) on November 30, 2018.
Guidance, Outlook, and Risks
Management Commentary: The Company stated it will make further announcements in due course following the completion of any additional purchases under the Buyback Programme.
Risks and Contingencies: No specific risks or contingencies are disclosed in this document. The filing confirms transactions were executed via Credit Suisse Securities (USA) LLC in accordance with the authorized programme.
Investor Verification Checklist
- Verify the total number of shares cancelled (728,810) against the Company's total authorized buyback limit.
- Confirm the weighted average price paid per share to assess the cost efficiency of the buyback relative to market prices.
- Review the full breakdown of individual transactions at the provided URL for granular trade timing and venue analysis.
- Monitor subsequent filings for updates on the remaining capacity of the buyback programme.