AMSTERDAM, The Netherlands – JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, yesterday (March 10th, 2025) announced that it has repurchased 1,284,361 shares in the period from March 3, 2025 up to and including March 7, 2025.
The shares were repurchased at an average price of EUR 18.25 per share for a total consideration of EUR 23.4 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025.
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.
About JDE Peet’s
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. The company unleashes the possibilities of coffee and tea in more than 100 markets, with a portfolio of over 50 brands 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.
