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Coca-Cola Europacific Partners Surges to 420th in Daily Rankings with 2.12 Billion Turnover
Generated by AI AgentAinvest Volume Radar
Friday, Jun 20, 2025 8:01 pm ET1min read
On June 20, 2025,
Partners (CCEP) saw a significant increase in trading volume, with a turnover of 2.12 billion, marking an 82.37% rise from the previous day. This surge placed at the 420th position in the daily stock market rankings. Meanwhile, CCEP's stock price experienced a slight decline of 0.15%.Coca-Cola Europacific Partners recently acquired 16,064 shares exclusively on London Trading Venues. This purchase was part of the company's share buyback program, which was announced on February 14, 2025. The program aims to repurchase up to EUR 1 billion of ordinary shares in aggregate. The repurchased shares will be canceled, reducing the overall number of shares outstanding.
The company's decision to conduct the share buyback on London Trading Venues, rather than US Trading Venues, was influenced by the Juneteenth public holiday in the United States. This strategic move highlights the company's flexibility in navigating global markets and optimizing its share repurchase activities. The buyback program is expected to enhance shareholder value by reducing the number of outstanding shares, potentially leading to an increase in earnings per share.
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