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JDE Peet’s share buyback periodic update June 2, 2025
Globenewswire·2025-06-02 12:00

Group 1 - JDE Peet's has repurchased 21,765 shares from May 26, 2025, to May 30, 2025, at an average price of EUR 23.41 per share, totaling EUR 0.5 million [1] - The total number of shares repurchased under the buyback program to date is 3,668,535 ordinary shares for a total consideration of EUR 68.6 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]