BuybackJul 2, 2026, 06:08 AM
Coca-Cola Europacific Partners to begin €500M buyback tranche
AI Summary
Coca-Cola Europacific Partners plc announced the commencement of the second tranche of its share buyback program. This tranche, valued at up to €500 million, is part of a larger program to return up to €1 billion to shareholders. The second tranche is scheduled to begin on July 6, 2026, and conclude by December 18, 2026, with Goldman Sachs acting as the purchasing agent.
Key Highlights
- Company announced the second tranche of its share buyback program.
- The total share buyback program aims to return up to €1 billion to shareholders.
- The first tranche, for up to €500 million, completed on April 24, 2026.
- The second tranche is for an aggregate amount of up to €500 million.
- The second tranche is expected to commence on July 6, 2026, and run until December 18, 2026.
- Goldman Sachs & Co. LLC and Goldman Sachs International will act as agents for the second tranche.
- Maximum of 42,289,442 ordinary shares may be purchased in the second tranche.
Price Impact
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