JDE Peet’s share buyback periodic update May 26, 2025
Globenewswire·2025-05-26 12:00
Core Points - JDE Peet's has repurchased 24,108 shares from May 19 to May 23, 2025, at an average price of EUR 22.94 per share, totaling EUR 0.6 million [1] - The total number of shares repurchased under the EUR 250 million buyback program announced on March 3, 2025, is 3,646,770 ordinary shares for a total consideration of EUR 68.1 million [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, with a portfolio of over 50 brands [3] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed more than 21,000 employees globally [3]