Coca-Cola HBC's finance chief to leave firm for North America role
(Alliance News) - Coca-Cola HBC AG on Monday said its chief financial officer intends to leave the company to take up a new unnamed opportunity in North America.
Read moreThu, 14th May 2015 16:08
(Alliance News) - Coca-Cola HBC AG on Monday said its chief financial officer intends to leave the company to take up a new unnamed opportunity in North America.
Read more(Sharecast News) - Coca-Cola HBC said on Monday that chief financial officer Ben Almanzar plans to leave the company to take up a new opportunity in North America.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read moreCoca-Cola HBC AG - Switzerland-based soft-drink bottling partner of Coca-Cola Co - On Thursday says that Chief Executive Officer Zoran Bogdanovic had sold 13,500 ordinary shares of CHF6.70 each on Wednesday. The shares sold at a price of GBP23.10 each, amounting to a transaction value of GBP311,850.
Read more(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.
Read more(Alliance News) - Stock prices in London were lower midday on Tuesday with a stronger pound and some caution ahead of the latest batch of US Federal Reserve meeting minutes and Wednesday's UK fiscal policy announcement, putting pressure on the FTSE 100.
Read more(Sharecast News) - Coca-Cola HBC shot to the top of the FTSE 100 on Tuesday after announcing the launch of a share buyback programme that will see it return up to €400m to shareholders.
Read moreCoca-Cola HBC AG - Steinhausen, Switzerland-based soft-drink bottling partner of Coca-Cola Co - Says that on Tuesday, it will start a share buyback programme to return up to EUR400 million to shareholders. The company expects the programme to run for around two years. It adds that it remains committed to its priorities, such as organic investment in the business to deliver its medium-term financial targets, such as capital expenditure as a percentage of net sales revenue in the range of 6.5% to 7.5% per year, and paying a progressive dividend with a payout target of 40% to 50% of earnings per share. "With these priorities in mind, the Board believes that the current share price undervalues CCH's future growth opportunities. Therefore, the present time represents a compelling opportunity to reduce the number of shares in circulation, while continuing to invest in the business," Coca-Cola HBC says. It anticipates that the buyback programme will improve earnings per share. Chief Executive Officer Zoran Bogdanovic says: "With our cash-generative business and a strong balance sheet today, we believe that the current market weakness presents a compelling opportunity for us to deploy excess capital through a buyback programme and deliver enhanced shareholder value."
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Coca-Cola HBC AG on Tuesday maintained its full year revenue guidance after reporting a robust performance in its third quarter.
Read more(Sharecast News) - Coca-Cola HBC reported a robust third quarter of organic growth on Tuesday, which it attributed to the continued implementation of its '24/7' strategy.
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