6-K - COCA-COLA EUROPACIFIC PARTNERS plc (0001650107) (Filer)
Key takeaways
- CCEP’s recent share repurchases are a clear move to return cash to shareholders and support the stock price.
- 138,046 U.S. shares repurchased
- 49,900 London shares repurchased
- Highest U.S. price $111.51
What happened
Coca‑Cola Europacific Partners bought back 138,046 shares on U.S. venues and 49,900 shares on London venues between Oct 12‑16 2026, paying prices from $103.93 to $111.51 per share in the U.S. and £78.60 to £84.15 per share in London. The repurchases are part of a €1 billion buyback program announced Feb 17 2026 and the shares will be cancelled.
Why it matters
The buyback reduces CCEP’s share count, potentially boosting earnings per share and signaling confidence in the company’s valuation. It also reflects the company’s use of excess cash to return value to shareholders during a period of stable earnings.
Short-term and longer-term
Short-term. Over the next few days, watch for any price reaction to the announced buyback volume and the specific pricing levels.
Longer-term. For investors looking ahead, the buyback demonstrates CCEP’s confidence in its cash flow and long‑term valuation.