Coca-Cola Europacific Partners Announces Major Share Buyback Initiative

In a bold move to enhance shareholder value, Coca-Cola Europacific Partners plc has unveiled a €1 billion share repurchase program. This initiative, set to unfold over the next 12 months, awaits shareholder approval, signaling a strong vote of confidence in the company's financial health and growth prospects.

With an optimistic outlook, the company forecasts a 4% increase in revenue and a 7% rise in operating profit for 2025. CEO Damian Gammell expressed confidence in the company's strategic direction, emphasizing sustainable practices and robust investment plans as key drivers for achieving mid-term growth objectives.

"Our strategic investments and commercial plans are designed to capitalize on growing categories, ensuring we remain well-positioned for 2025 and beyond," Gammell stated, highlighting the company's commitment to delivering value to its shareholders and stakeholders alike.