Coca-Cola Europacific Partners Launches €1 Billion Share Repurchase Program
In a strategic move to bolster its financial position and shareholder value, Coca-Cola Europacific Partners plc has announced the initiation of a €1 billion share buyback program. This ambitious plan, set to unfold over the next 12 months, awaits shareholder approval. The company is optimistic about achieving a 4% revenue growth in 2025, alongside a 7% increase in operating profit.
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CEO Damian Gammell expressed confidence in the company's strategic direction, stating, "We are well positioned for 2025 and beyond in growing categories, with robust investment and commercial strategies to drive growth. We are committed to executing our strategy sustainably to meet our mid-term growth objectives."
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