Transactions in Own Shares and Programme Update
Summary by AI BETAClose X
Coca-Cola Europacific Partners plc (the "Company")
Transactions in Own Shares and Programme Update
Repurchase of shares on 26 September 2025
The Company confirms that on 26 September 2025 it purchased a total of: (i) 40,189 ordinary shares of EUR 0.01 ("ordinary shares") on the US Trading Venues[1] and (ii) 0 ordinary shares on the London Trading Venues[2]; in both cases, from Goldman Sachs & Co. LLC, Goldman Sachs International or one of their affiliates, as detailed below.
The purchases form part of the third tranche of the Company's share buyback programme announced on 14 February 2025 (the "Programme"). In connection with the Programme, the Company expects to repurchase up to EUR 1 billion of ordinary shares (in aggregate).
All shares repurchased as part of the Programme have been or will be cancelled.
Programme update
· Following completion of the first two tranches of the Programme, the Company announced the third tranche of the Programme on 8 August 2025.
· The Company today announces that it has concluded the third tranche of the Programme ahead of schedule (acquiring in total 1,794,369 ordinary shares for total consideration of approximately €137,921,006.04) and has entered into a new arrangement for the next tranche of the Programme with Jefferies LLC and Jefferies International Limited. Share purchases will be made in accordance with the arrangement and made independently of and uninfluenced by the Company. The purpose of the Programme is to reduce the issued share capital of the Company.
· In connection with the appointment of Jefferies LLC and Jefferies International Limited, the Company has entered into two contracts to enable the purchase of ordinary shares on both US Trading Venues and London Trading Venues. The next tranche of the Programme is expected to cover the period from 29 September 2025 up to and including 19 December 2025.
· The maximum aggregate amount for purchases in respect of this tranche of the Programme will be €382,000,000, of which up to €102,000,000 will be in respect of the London Trading Venues (with purchases on the London Trading Venues expected to be completed by 12 December 2025).
· Purchases pursuant to this tranche of the Programme will be effected in accordance with (i) (in relation to purchases made on the London Trading Venues) the scope of the authority to repurchase ordinary shares "on market" conferred on the Company at the 2025 Annual General Meeting (ii) (in relation to purchases made on the US Trading Venues) the scope of the authority to repurchase ordinary shares "off market" conferred on the Company at the 2025 Annual General Meeting; (iii) (in relation to purchases made on the London Trading Venues) (EU) No 596/2014 (the Market Abuse Regulation) and the Commission Delegated Regulation (EU) 2016/1052 as applicable (both as in force in the UK, and as they form part of retained UK law as defined in the European Union (Withdrawal) Act 2018), (iv) Chapter 9 of the UK Listing Rules; and (v) applicable U.S. federal securities laws, including applicable US securities laws and anti-manipulation provisions thereof. In relation to purchases on the London Trading Venues, Jefferies will acquire CREST depositary interests on the London Trading Venues, which will be cancelled together with the underlying shares they represent.
· The maximum number of ordinary shares which may be purchased or committed to be purchased by the Company under the contracts entered into in respect of this tranche of the Programme is 46,016,093 less such number of shares repurchased pursuant to the initial tranche of the Programme after 3 April 2025 and before 22 May 2025 (which is the maximum number pursuant to the relevant authorities granted by shareholders at the Company's 2025 Annual General Meeting), less such number of shares repurchased from 23 May 2025 up to and including 26 September 2025 in relation to prior tranches of the Programme.
Repurchase of shares on 26 August 2025
|
|
US Trading Venues |
London Stock Exchange |
CBOE Europe Limited (CXE)
|
CBOE Europe Limited (BXE) |
|
Date of purchase |
26 September 2025 |
26 September 2025 |
26 September 2025 |
26 September 2025 |
|
Aggregate number of ordinary shares purchased |
40,189 |
0 |
0 |
0 |
|
Highest price paid (per ordinary share) |
USD 89.7700 |
GBP 0.0000 |
GBP 0.0000 |
GBP 0.0000 |
|
Lowest price paid (per ordinary share) |
USD 88.3300 |
GBP 0.0000 |
GBP 0.0000 |
GBP 0.0000 |
|
Volume weighted average price paid (per ordinary share) |
USD 89.2170 |
GBP 0.0000 |
GBP 0.0000 |
GBP 0.0000 |
This announcement does not constitute, or form part of, an offer or solicitation of an offer for securities in any jurisdiction.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), full details of the transactions, are set out in the Schedule to this announcement available through the link below:
http://www.rns-pdf.londonstockexchange.com/rns/1065B_1-2025-9-28.pdf
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CONTACTS
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Company Secretariat Clare Wardle clare.wardle@ccep.com |
Investor Relations Sarah Willett sarah.willett@ccep.com |
Media Relations Shanna Wendt mediaenquiries@ccep.com |
ABOUT CCEP
Coca-Cola Europacific Partners is one of the world's leading consumer goods companies. We make, move and sell some of the world's most loved brands - serving nearly 600 million consumers and helping over 4 million customers across 31 countries grow.
We combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support.
The Company is currently listed on Euronext Amsterdam, NASDAQ, London Stock Exchange and on the Spanish Stock Exchanges, and a constituent of both the NASDAQ 100 and FTSE 100 indices, trading under the symbol CCEP.
For more information about CCEP, please visit www.cocacolaep.com and follow CCEP on LinkedIn
Cautionary note on forward-looking statements
This release contains statements, estimates or projections that constitute "forward-looking statements" concerning the financial condition, performance, results, guidance and outlook, dividends, consequences of mergers, acquisitions, joint ventures, divestitures, strategy and objectives of Coca-Cola Europacific Partners plc and its subsidiaries (together CCEP or the Group). Generally, the words "ambition", "target", "aim", "believe", "contemplate", "expect", "intend", "estimate", "anticipate", "project", "plan", "seek", "may", "could", "would", "should", "might", "will", "forecast", "outlook", "guidance", "possible", "potential", "predict", "objective" and similar expressions identify forward-looking statements, which generally are not historical in nature.
Forward-looking statements are subject to certain risks that could cause actual results to differ materially. Forward-looking statements are based upon various assumptions as well as CCEP's historical experience and present expectations or projections. As a result, undue reliance should not be placed on forward-looking statements, which speak only as of the date on which they are made. Factors that, in CCEP's view, could cause such actual results to differ materially from forward looking statements include, but are not limited to, those set forth in the "Risk Factors" section of CCEP's 2024 Annual Report on Form 20-F filed with the SEC on 21 March 2025 and subsequent filings.
[1] The "US Trading Venues" comprise Nasdaq and other applicable US trading venues.
[2] The "London Trading Venues" comprise the London Stock Exchange, CBOE Europe Limited (BXE), CBOE Europe Limited (CXE) and Aquis. Goldman Sachs acquired CREST Depositary Interests on the London Trading Venues, which will be cancelled together with the underlying shares they represent.
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