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JDE Peet’s share buyback periodic update April 22, 2025
Globenewswire·2025-04-22 12:00

Group 1 - JDE Peet's announced the repurchase of 40,000 shares from April 14 to April 17, 2025, at an average price of EUR 20.40 per share, totaling EUR 0.8 million [1] - The total number of shares repurchased under the buyback program to date is 3,521,614 ordinary shares for a total consideration of EUR 65.3 million [2] - The share buyback program is part of a larger EUR 250 million initiative announced on March 3, 2025 [1][2] Group 2 - JDE Peet's is the world's leading pure-play coffee and tea company, serving approximately 4,400 cups of coffee or tea per second [3] - The company operates in over 100 markets with a portfolio of over 50 brands, including L'OR, Peet's, Jacobs, and Douwe Egberts [3] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed more than 21,000 employees globally [3]