Coca Cola HBC (GB:CCH) has released an update.
Coca-Cola HBC AG reported on May 8, 2024, that it had repurchased 29,150 of its own shares at prices between £26.96 and £27.00 per share as part of its ongoing share buyback program. These shares will be held in treasury to potentially satisfy employee incentive plans or be cancelled upon shareholder approval. Since the program’s announcement in November 2023, Coca-Cola HBC has bought back a total of 4,325,931 shares, signaling a commitment to return value to shareholders and potentially enhance future earnings per share.
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