SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 27, 1995
COCA-COLA ENTERPRISES INC.
(Exact name of registrant as specified in its charter)
Delaware 01-09300 58-0503352
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
One Coca-Cola Plaza, N.W., Atlanta, Georgia 30313
(Address of principal executive offices, including zip code)
(404) 676-2100
(Registrant's telephone number, including area code)
Page 1 of 6 pages
Exhibit Index page 4
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Item 5. Other Events
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On July 27, 1995, Coca-Cola Enterprises Inc. (the "Company")
issued a press release announcing the Company's intent
to start repurchasing shares under the previously authorized
share repurchase program utilizing the Company's anticipated
annual free cash flow.
Item 7. Financial Statements and Exhibits
------ ---------------------------------
(c) Exhibits.
28 Press Release of Coca-Cola Enterprises Inc. issued
July 27, 1995
<PAGE>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
COCA-COLA ENTERPRISES INC.
(Registrant)
LOWRY F. KLINE
Date: August 2, 1995 By:------------------------------
Lowry F. Kline
General Counsel
<PAGE>
COCA-COLA ENTERPRISES INC.
EXHIBIT INDEX
Exhibit No. Page
28 Press release of Coca-Cola Enterprises Inc. 5
issued July 27, 1995
<PAGE>
COCA-COLA ENTERPRISES INC.
EXHIBIT INDEX
Exhibit No. Page
28 Press Release of Coca-Cola Enterprises Inc. 5
issued July 27, 1995
CONTACT: Laura Brightwell Asman - Media Relations
(404) 676-3023
Margaret Carton - Investor Relations
(404) 676-5455
FOR IMMEDIATE RELEASE
COCA-COLA ENTERPRISES INC. RESTARTS
SHARE REPURCHASE ACTIVITY
ATLANTA, July 27, 1995 -- Coca-Cola Enterprises announced today that the Company
will restart repurchasing shares of Coca-Cola Enterprises common stock effective
immediately, under the previously authorized share repurchase program, utilizing
the Company s anticipated annual free cash flow. Under the program authorized
in August of 1994, Coca-Cola Enterprises announced the repurchase of up to 10
million shares in open market and privately negotiated transactions, based on
free cash flow and market conditions. Under the existing program, the Company
repurchased approximately 2 million shares between August of 1994 and the
middle of January in 1995. Repurchased shares will be used for general
corporate purposes, including funding various benefits and compensation plans.
"At our recent Board of Directors' Meeting, our Board supplemented the existing
program by endorsing the use of anticipated 1995 free cash flow for share
repurchase based on opportunities in the marketplace," commented Summerfield K.
Johnston, Jr., vice chairman and chief executive officer.
"Given the strength of our year-to-date 1995 performance, our cash flow
expectations for full-year 1995, and the current stock price, we believe that
buying our stock represents a very attractive use of our free cash flow, one
that will provide a significant return and create value for our share owners,"
added Henry A. Schimberg, president and chief operating officer.
Coca-Cola Enterprises Inc. (NYSE: CCE) is the world's largest bottler of
products of The Coca-Cola Company, distributing approximately 55 percent of
The Coca-Cola Company's United States bottle and can volume and all of
The Coca-Cola Company's bottle and can volume in the Netherlands.
