JDE Peet's Confirms Share Buyback Program Termination

JDE Peet's Announces Changes to Share Buyback Program
Recently, JDE Peet's, recognized as the world's leading pure-play coffee company, made significant updates regarding its share buyback program. The company disclosed that no shares were repurchased during the period from late August 2025. Furthermore, it has opted to terminate its share buyback program entirely, effective immediately.
Understanding the Share Buyback Implications
Under the previously established program, JDE Peet's successfully repurchased a total of 5,477,094 ordinary shares at an average price of EUR 20.73. This amounted to a considerable total investment of EUR 113.5 million. The decision to halt the share buyback program is notable within the context of the company's operational strategy.
Regulatory Guidelines and Compliance
This announcement aligns with the requirements set forth by the European regulation regarding share buybacks. JDE Peet's has acted in accordance with Article 2(3) of the EU Regulation 2016/1052, which outlines the necessary technical standards for such programs. Adhering to these regulations is crucial for maintaining transparency and accountability in the corporate sector.
The Coffee Market Landscape
As a leader in the global coffee industry, JDE Peet's serves coffee in various markets worldwide, providing an impressive 4,400 cups of coffee every second. This remarkable figure emphasizes the company's substantial presence in over 100 markets, boasting a diverse portfolio of iconic brands such as Peet's, L'OR, Jacobs, Douwe Egberts, and Kenco, among others.
Financial Performance and Workforce
In terms of financial performance, JDE Peet's reported total sales of EUR 8.8 billion in 2024. This impressive revenue underscores the company's successful business model and its ability to adapt to the changing coffee consumption trends globally. Additionally, JDE Peet's employs more than 21,000 individuals, showcasing its role as a significant employer in the coffee industry.
Future Directions for JDE Peet's
Looking ahead, JDE Peet's is committed to evolving and innovating to meet the demands of its customers. The company's mission is to ensure there is a coffee for every cup and a brand for every heart. This vision encapsulates the essence of JDE Peet's deep-rooted passion for coffee and consumer satisfaction.
Company Contact Information
For media inquiries, Laurent Sagarra can be reached at +31 20 558 1735 or via email. For investor relations, Robin Jansen is available at +31 6 1594 4569. Connecting with JDE Peet's is essential for those interested in the company's developments and investment opportunities.
Frequently Asked Questions
What is the recent update regarding JDE Peet's share buyback program?
JDE Peet's has decided to terminate its share buyback program as of now, following a period with no shares repurchased.
How many shares did JDE Peet's repurchase prior to termination?
The company repurchased a total of 5,477,094 ordinary shares before deciding to halt the program.
What was the average repurchase price for the shares?
The shares were repurchased at an average price of EUR 20.73.
What are JDE Peet's goals moving forward?
JDE Peet's aims to provide a coffee for every cup and a brand for every heart, focusing on evolving and innovating its offerings.
How can I contact JDE Peet's for inquiries?
Contact Laurent Sagarra for media inquiries or Robin Jansen for investor relations via the provided phone numbers or emails.
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