Core Points - JDE Peet's has announced the termination of its share buyback program effective immediately, with no shares repurchased from August 25 to August 29, 2025 [1] - Under the previous buyback program, JDE Peet's repurchased a total of 5,477,094 ordinary shares at an average price of EUR 20.73, amounting to a total consideration of EUR 113.5 million [1] Company Overview - JDE Peet's is recognized as the world's leading pure-play coffee company, serving approximately 4,400 cups of coffee per second across more than 100 markets [2] - The company boasts a portfolio of strong iconic brands, including Peet's, L'OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super, and Moccona [2] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed over 21,000 individuals globally [2]
JDE Peet’s share buyback update
Globenewswire·2025-09-01 06:00