Business Context and Reporting Period
This Form 6-K filing by Coca-Cola Europacific Partners Plc (CCEP) is dated March 22, 2019. The report details transactions in the Company's own shares conducted between March 15 and March 21, 2019. These purchases were executed through Credit Suisse Securities (USA) LLC as part of an existing share 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. All purchased shares were cancelled immediately upon acquisition.
| Date | Shares Purchased | Lowest Price (USD) | Highest Price (USD) | Volume Weighted Avg Price (USD) | Trading Venue |
|---|---|---|---|---|---|
| 15 March 2019 | 140,000 | 48.87 | 49.57 | 49.33 | NYSE |
| 18 March 2019 | 84,200 | 49.32 | 49.69 | 49.53 | Multiple Venues |
| 19 March 2019 | 145,000 | 49.38 | 49.77 | 49.59 | NYSE |
| 20 March 2019 | 200,000 | 48.48 | 49.36 | 48.81 (NYSE) / 49.25 (OTC) | NYSE / OTC |
| 21 March 2019 | 100,000 | 48.50 | 49.53 | 49.10 | NYSE |
| Total | 669,200 | 48.48 | 49.77 | N/A | N/A |
Material Changes
The filing does not contain comparative financial data or material changes to the Company's business operations versus prior periods. The primary activity reported is the reduction of the Company's share count through the cancellation of 669,200 ordinary shares.
Guidance, Outlook, and Risks
The Company states it will make further announcements in due course following the completion of any additional purchases under the Buyback Programme. No specific financial guidance, outlook, or new risk factors are disclosed in this document.
Investor Verification Checklist
- Verify the total number of shares repurchased (669,200) and confirm they have been cancelled.
- Review the detailed trade breakdown available at the Company's website for granular transaction data.
- Confirm the remaining authority under the Buyback Programme announced on September 12, 2018.
- Note that this filing contains no operational or financial performance data for the period.