Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (formerly Coca-Cola European Partners Plc) dated October 12, 2018, reports on transactions in the Company's own shares. The filing details share repurchases executed between October 5 and October 11, 2018, under an existing buyback programme authorized by shareholders at the Annual General Meeting 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.
- Transaction Type: Repurchase and cancellation of ordinary shares (EUR 0.01 each).
- Execution Period: October 5, 2018, to October 11, 2018.
- Broker: Credit Suisse Securities (USA) LLC.
- Trading Venues: Multiple US exchanges including NASDAQ, NYSE, BATS, CFX, and OTC Markets.
- Price Range: The lowest price paid per share was 42.57 USX (October 11) and the highest was 44.98 USX (October 5 and 8).
Material Changes
The filing does not report material changes to the Company's financial position, operations, or strategy compared to prior periods. It serves as a regulatory disclosure of ongoing capital return activities consistent with the previously announced buyback programme.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies. It notes that the Company will make further announcements in due course following the completion of any additional purchases under the Buyback Programme.
Investor Verification Checklist
- Verify the total aggregate number of shares purchased during the week of October 5-11, 2018, by summing the daily volumes across all trading venues.
- Confirm the remaining authority under the Buyback Programme authorized on May 31, 2018, to assess the scope of future repurchases.
- Review the detailed individual trade breakdown available at the Company's website link provided in the filing for granular transaction data.
- Monitor subsequent Form 6-K filings for updates on the completion of the buyback programme.