CCEP Share Buyback Accelerates as Stock Hits EUR 88.70
Coca-Cola Europacific Partners is continuing its share repurchase program worth up to EUR 1 billion, demonstrating its commitment to returning capital to shareholders. The company's stock has gained 17.42 percent year-to-date, with a current trading price of EUR 88.70 on Euronext Amsterdam.
The latest tranche in the buyback program saw Coca-Cola Europacific Partners repurchase 403,748 shares between September 7 and September 11, 2026, at an average price of around EUR 88 per share. This brings the total number of shares cancelled under the program to a significant amount.
The company's first-half results showed revenue growth of 6.1 percent to EUR 10.724 billion and operating profit rose 8.1 percent to EUR 1.481 billion, with diluted earnings per share advancing 10.6 percent to EUR 2.20. Management reaffirmed its full-year guidance for revenue growth of 3-4 percent and operating profit growth of approximately 7 percent.