News

GREECE: Coca-Cola Hellenic Bottling Co to pay shareholders EUR181m

Most popular

Should Campari Group be renamed Aperol Group?

Why water has become more important than wine

just-drinks speaks to A-B InBev CEO Carlos Brito

just-drinks' M&A database - Oct 18

MORE

Coca-Cola Hellenic Bottling Co is to pay EUR0.50 (US$0.70) per share to investors, making up a total EUR181m (US$255.8m), as a capital return.

//i2.aroq.com/1/coca-cola-hellenic.jpg

The proposed transaction, the firm said today (18 March), is expected to be financed in cash and is subject to shareholder and regulatory approval. The return is expected to be paid out on 21 June.

"The proposed transaction will provide value to our shareholders and the company will benefit from a more efficient and flexible capital structure," said Coca-Cola Hellenic's CEO, Doros Constantinou.

Last month, Coca-Cola Hellenic recorded an increase in full-year profits, but said it remains cautious on 2011, thanks to pressure on commodity prices.


Related Content

The Coca-Cola Co doubles Fuze Tea value after co-ordinated launch - CEO James Quincey

The Coca-Cola Co doubles Fuze Tea value after co-ordinated launch - CEO James Quincey...

The Coca-Cola Co gazumps Keurig Dr Pepper with Bodyarmor stake purchase

The Coca-Cola Co gazumps Keurig Dr Pepper with Bodyarmor stake purchase...

The Coca-Cola Co calls time on incubator platform

The Coca-Cola Co calls time on incubator platform...

Why Brown-Forman is on to a winner, how Coca-Cola Hellenic can kick on and why the AGM must return - The just-drinks Analyst

Why Brown-Forman is on to a winner, how Coca-Cola Hellenic can kick on and why the AGM must return -...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?