Business Context and Reporting Period
This Form 6-K filing by Coca-Cola European Partners Plc (now Coca-Cola Europacific Partners Plc) reports on transactions in the Company's own shares. The reporting period covers share purchases executed between September 20, 2019, and September 26, 2019. The filing was submitted on September 27, 2019.
Key Financial Metrics
This filing details a share buyback program and does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. The financial data provided is limited to the cost and volume of share repurchases.
- Transaction Type: Repurchase and cancellation of ordinary shares (EUR 0.01 each).
- Execution Agent: Credit Suisse Securities (USA) LLC.
- Program Authority: Existing buyback programme announced on September 12, 2018, authorized by shareholders at the AGM on May 29, 2019.
Material Changes and Transaction Details
The Company purchased shares across multiple U.S. trading venues (including NASDAQ, NYSE, BATS, and OTC) over five trading days. The share price fluctuated during the period, with the highest price paid per share being $56.67 and the lowest being $54.87.
| Date | Total Shares Purchased | Highest Price (USD) | Lowest Price (USD) | Volume Weighted Avg Price (USD) |
|---|---|---|---|---|
| Sept 20, 2019 | 101,991 | 56.67 | 56.15 | ~56.43 |
| Sept 23, 2019 | 117,300 | 56.29 | 55.92 | ~56.10 |
| Sept 24, 2019 | 129,626 | 56.18 | 55.28 | ~55.63 |
| Sept 25, 2019 | 174,534 | 55.51 | 54.87 | ~55.12 |
| Sept 26, 2019 | 169,581 | 55.98 | 55.46 | ~55.77 |
| Total Period | 693,032 | 56.67 | 54.87 | ~55.68 |
Note: Daily totals and averages are aggregated from the venue-specific data provided in the filing.
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, outlook, or risk factors regarding operations are disclosed in this document.
Investor Verification Checklist
- Verify the total number of shares repurchased (693,032) against the Company's remaining buyback authority.
- Confirm the cancellation status of the repurchased shares as stated in the filing.
- Review the detailed trade breakdown available at the provided URL for granular venue analysis.
- Monitor future 6-K filings for updates on the completion of the buyback programme.