Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCoca-Cola HBC Share News (CCH)

Share Price Information for Coca-Cola HBC (CCH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,652.00
Bid: 2,650.00
Ask: 2,654.00
Change: 12.00 (0.45%)
Spread: 4.00 (0.151%)
Open: 2,642.00
High: 2,656.00
Low: 2,636.00
Prev. Close: 2,640.00
CCH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Coca-Cola HBC to start up to EUR400 million share buyback

Mon, 20th Nov 2023 20:50

Coca-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."

Current stock price: 2,094.00 pence, down 1.1% on Monday

12-month change: up 4.9%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
16 Aug 2022 09:38

LONDON BROKER RATINGS: RBC initiates Haleon at 'sector perform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
15 Aug 2022 11:15

Citi hikes target on CCH but stays at 'neutral' on limited visibility for 2023

(Sharecast News) - Analysts at Citi hailed Coca Cola HBC's first half numbers, hiking their target price for the shares in the process.

Read more
15 Aug 2022 09:31

LONDON BROKER RATINGS: JPMorgan cuts Auto Trader and Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
12 Aug 2022 15:54

Deutsche Bank hikes target price on Coca-Cola HBC

(Sharecast News) - Analysts at Deutsche Bank raised their target price on bottling company Coca-Cola HBC from 2,525.0p to 2,600.0p on Friday, stating the stock was "still going cheap" despite recent strong growth.

Read more
11 Aug 2022 16:52

LONDON MARKET CLOSE: US inflation elation fades; GSK and Haleon weigh

(Alliance News) - Equities in London failed to sustain gains into Thursday despite further data showing price pressures may finally be easing in the US.

Read more
11 Aug 2022 12:27

LONDON MARKET MIDDAY: Stocks down; Haleon and GSK hit by Zantac worry

(Alliance News) - Stock prices in London were mostly lower at midday on Thursday as a rally fuelled by cooling US inflation lost steam, while Walt Disney shares surged in New York after posting huge subscriber growth.

Read more
11 Aug 2022 08:58

LONDON MARKET OPEN: Network International surges on share buyback

(Alliance News) - Stock prices in London opened mixed on Thursday on a busy day of company news, with Coca-Cola HBC leading the FTSE 100 after well-received interim results, while Network International boosted the FTSE 250.

Read more
11 Aug 2022 08:51

TOP NEWS: Coca-Cola HBC interim sales growth overcomes Russia fallout

(Alliance News) - Coca-Cola HBC AG on Thursday said its first half was "strong" despite a severe drop in profit, knocked back by the significant costs involved in exiting from Russia.

Read more
11 Aug 2022 07:52

Coca-Cola HBC H1 profits drop despite revenue growth

(Sharecast News) - Bottling group Coca-Cola HBC said on Thursday that revenues had grown in the six months ended 1 July but contracting margins had led to a drop in interim profits.

Read more
11 Aug 2022 07:50

LONDON MARKET PRE-OPEN: Antofagasta slashes dividend as profit slumps

(Alliance News) - Stock prices in London are seen opening slightly higher on Thursday, following gains by US and Asian equity markets overnight, after data on Wednesday showed US inflation finally easing from a four-decade high.

Read more
9 Aug 2022 08:32

Coca-Cola HBC buys mixer product line Three Cents for EUR45 million

(Alliance News) - Coca-Cola HBC AG on Tuesday said its wholly-owned subsidiary CC Beverages Holdings II BV has bought ESM Effervescent Sodas Management Ltd, which operates the brand Three Cents.

Read more
9 Aug 2022 07:07

Coca-Cola HBC to acquire ESM Effervescent Sodas

(Sharecast News) - Beverage company Coca-Cola Hellenic Bottling has agreed to acquire ESM Effervescent Sodas from Greece's IDEAL Holdings' wholly-owned SICC Holdings subsidiary.

Read more
14 Jul 2022 09:45

LONDON BROKER RATINGS: Berenberg lifts Hunting; Goldman downgrades BHP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
13 Jul 2022 10:02

LONDON BROKER RATINGS: Jefferies likes Tyman; UBS cuts Beazley

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
13 Jul 2022 09:37

Deutsche Bank raises target price on Coca-Cola Hellenic

(Sharecast News) - Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475.0p to 2,525.0p on Wednesday, stating they were expecting "another solid release" from the firm.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.