JDE Peet’s Continues Share Buyback Programme, Reaches €63.2 Million in Repurchases

JDE Peet’s (EURONEXT: JDEP), the world’s largest pure-play coffee and tea company, has repurchased an additional 39,679 shares between March 24 and March 28, 2025, as part of its ongoing €250 million share buyback programme. The shares were bought at an average price of €19.80 per share, representing a total consideration of €0.8 million.

With this latest tranche, the total number of shares repurchased under the programme, launched on March 3, 2025, has reached 3,416,760 ordinary shares, amounting to a cumulative value of €63.2 million.

This move reflects JDE Peet’s continued efforts to enhance shareholder value and demonstrates the company’s robust financial health. The buyback programme is part of the company’s broader capital allocation strategy, aligning with its long-term commitment to sustainable growth and responsible corporate governance.

The announcement follows recent recognition of JDE Peet’s commitment to workplace equity, having earned the Fair Pay Leader certification for gender pay equity earlier in March. As the company continues to advance both financial and social responsibility initiatives, it remains a benchmark for industry leadership.

Further updates and detailed progress on the buyback programme are made publicly available in accordance with Article 2(3) of the EU Regulation 2016/1052, which governs technical standards for such programmes.

Explore the full update and past announcements on JDE Peet’s initiatives here.