Business Context and Reporting Period
Company: Coca-Cola Europacific Partners Plc (CCEP)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: August 13, 2025 – August 19, 2025
Business Overview: CCEP is a leading consumer goods company operating in 31 countries, serving nearly 600 million consumers and over 4 million customers. It is listed on Euronext Amsterdam, NASDAQ, London Stock Exchange, and Spanish Stock Exchanges.
Key Financial Metrics and Transactions
This filing reports on the Company's share buyback programme announced on February 14, 2025, with an aggregate authorization of up to EUR 1 billion. The filing details daily repurchases of ordinary shares (EUR 0.01 par value) executed via Goldman Sachs & Co. LLC and affiliates. All repurchased shares are cancelled.
| Date of Purchase | US Venues (Shares) | London Venues (Shares) | Total Shares | US VWAP (USD) | London VWAP (GBP) |
|---|---|---|---|---|---|
| August 12, 2025 | 29,107 | 16,644 | 45,751 | 93.6879 | ~70.00 |
| August 13, 2025 | 29,690 | 20,647 | 50,337 | 91.8463 | ~68.33 |
| August 14, 2025 | 29,884 | 19,652 | 49,536 | 91.2509 | ~67.73 |
| August 15, 2025 | 29,979 | 20,336 | 50,315 | 90.9615 | ~66.98 |
| August 18, 2025 | 42,930 | 0 | 42,930 | 90.2870 | N/A |
Note: The filing does not provide specific revenue, profit, cash flow, debt, or liquidity figures for the period. It focuses exclusively on capital allocation via share repurchases.
Material Changes and Trends
- Share Price Trend: During the reporting week, the volume-weighted average price (VWAP) on US trading venues declined from approximately USD 93.69 to USD 90.29. London venue prices similarly trended downward from approximately GBP 70.08 to GBP 66.98.
- Volume Activity: Repurchase volumes remained consistent on US venues (approx. 29k–30k shares) until August 18, when volume increased to 42,930 shares. London venue activity ceased on August 18.
- Programme Status: The transactions are part of the ongoing EUR 1 billion buyback programme. The filing does not state the total amount repurchased to date or the remaining authorization.
Guidance, Outlook, and Risks
- Management Commentary: The filing contains no new operational guidance, earnings outlook, or strategic commentary beyond the confirmation of the buyback programme.
- Risks and Contingencies: No new risks or contingencies are disclosed in this specific filing. The text includes standard disclaimers that the announcement does not constitute an offer or solicitation of securities.
- Unusual Items: No unusual items are reported. The activity is consistent with the previously announced capital return strategy.
Key Facts for Investor Verification
- Buyback Authorization: Verify the total amount repurchased under the EUR 1 billion programme to date and the remaining capacity.
- Share Count Impact: Confirm the reduction in total outstanding shares resulting from the cancellation of the ~238,869 shares repurchased during this week.
- Market Performance: Correlate the declining share prices observed during the buyback period with broader market conditions or company-specific news not included in this filing.
- Programme Timeline: Determine if the Company has set an end date for the current buyback programme or if it is open-ended.