AMSTERDAM, The Netherlands – JDE Peet’s (EURONEXT: JDEP), the world’s leading pure-play coffee and tea company, today announced that it has repurchased 1,303,975 shares in the period from March 10, 2025 up to and including March 14, 2025.
The shares were repurchased at an average price of EUR 18.61 per share for a total consideration of EUR 24.3 million. These repurchases were made as part of the EUR 250 million share buyback programme announced on March 3, 2025.
The total number of shares repurchased under this programme to date is 2,588,336 ordinary shares for a total consideration of EUR 47.7 million. 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.
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.
JDE Peet’s sells its products 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.
