Coca-Cola Europacific Partners (CCEP) announced the launch of the second and final tranche of its €1 billion share buyback program on July 2, 2026. The company began repurchasing shares on July 6, 2026. CCEP plans to acquire up to €500 million in shares by December 18, 2026.
This follows the completion of the first €500 million tranche. That tranche ran from February to April 2026. Goldman Sachs conducts the repurchases on U.S. and London trading venues. CCEP will cancel all shares bought back under the program. This action will reduce the company's total issued share capital.