CCEP Executes Further Share Buybacks from Goldman Sachs as €1 Billion Program Advances

Coca‑Cola Europacific Partners (CCEP) has further advanced its ongoing €1 billion share buyback programme during the past week, acquiring shares via trading venues in the U.S. and London that were linked to Goldman Sachs.

This latest round of repurchases is part of the company’s broader strategy to return capital to shareholders under an already approved buyback framework. The transactions, executed through Goldman Sachs–affiliated entities, reflect continued support for the programme’s implementation across multiple markets.

Regulatory filings confirm that these recent transactions are an additional slice of the firm’s multi-tranche plan to repurchase and cancel shares. While no financial details or number of shares were disclosed in the announcements, the move underscores management’s commitment to executing the capital return plan as previously outlined.

The share buyback programme itself was originally launched and extended over the summer, with the company stating intentions to deploy up to €1 billion to acquire its own shares over time. Earlier tranches have involved significant purchases from third-party affiliates, and this week’s activity continues that pattern.

For investors following CCEP, these developments suggest a sustained push by management to support shareholder value through share reduction and disciplined capital allocation. Share buybacks can help bolster earnings per share and offer a signal of confidence in the company’s fundamentals.

Looking ahead, market participants will likely monitor additional filings or updates confirming the scale of these transactions and any potential impact on outstanding share count. CCEP’s next scheduled update—its third-quarter trading report—is set for November 3, offering the next opportunity to assess the financial outcomes of the ongoing buyback programme.