Saturday 17 May 2025

JDE Peet’s share buyback periodic update April 22, 2025

The shares were repurchased at an average price of EUR 20.40 per share for a total consideration of EUR 0.8 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025

Must read

TME - Cialdy Evo

 

Share your coffee stories with us by writing to info@comunicaffe.com.

AMSTERDAM, The Netherlands – JDE Peet’s, the world’s leading pure-play coffee and tea company, today announced that it has repurchased 40,000 shares in the period from April 14, 2025 up to and including April 17, 2025.

The shares were repurchased at an average price of EUR 20.40 per share for a total consideration of EUR 0.8 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025.

The total number of shares repurchased under this programme to date is 3,521,614 ordinary shares for a total consideration of EUR 65.3 million. More details on the progress of the buyback programme are available here.

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(3) of the EU Regulation 2016/1052 that contains technical standards for buyback programmes.

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 in more than 100 markets including L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona.

In 2024, JDE Peet’s generated total sales of EUR 8.8 billion and employed a global workforce of more than 21,000 employees.

Latest article

Demuslab