Item 7.01. Regulation FD Disclosure
On October 1, 2021, Keurig Dr Pepper Inc. (the "Company") issued a press release
announcing the stock repurchase program described in Item 8.01 of this Current
Report on Form 8-K and reaffirming the Company's outlook for 2021 previously
provided in the Company's earnings press release dated July 29, 2021. A copy of
the press release dated October 1, 2021 is attached hereto as Exhibit 99.1 and
incorporated herein by reference.
Also on October 1, 2021, the Company hosted a virtual Investor Day, during which
the Company's executive leadership team discussed, among other matters, the
Company's strategic outlook and the stock repurchase program. A copy of the
slides presented during Investor Day is attached hereto as Exhibit 99.2.
An archived rebroadcast of the presentation and the Investor Day slides will
also be available at investors.keurigdrpepper.com.
The information presented in this Item 7.01, Exhibit 99.1, and Exhibit 99.2
shall not be deemed to be "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to
the liabilities of that section, unless the Company specifically states that the
information is to be considered "filed" under the Exchange Act or specifically
incorporates it by reference into a filing under the Securities Act of 1933, as
amended, or the Exchange Act.
Item 8.01. Other Events
On October 1, 2021, the Company announced that its Board of Directors approved a
stock repurchase program under which the Company is authorized to repurchase up
to $4 billion of the Company's common stock between January 1, 2022 and December
31, 2025 with no requirement to purchase any minimum number of shares. Shares
may be repurchased under the new repurchase program through open market
purchases, privately negotiated transactions, block trades, accelerated or other
structured share repurchase programs, or other means.
The manner, timing, pricing and amount of any transactions will be subject to
the Company's discretion and may be based upon market conditions, regulatory
requirements and alternative opportunities that the Company may have for the use
or investment of its capital. The repurchase program may be modified, suspended
or discontinued at any time.
This Current Report on Form 8-K contains "forward-looking statements" within the
meaning of applicable securities laws and regulations. These forward-looking
statements can generally be identified by the use of words such as "outlook,"
"guidance," "anticipate," "expect," "believe," "could," "estimate," "feel,"
"forecast," "intend," "may," "plan," "potential," "project," "should," "target,"
"will," "would," and similar words. Forward-looking statements by their nature
address matters that are, to different degrees, uncertain. These statements are
based on the current expectations of our management, are not predictions of
actual performance, and actual results may differ materially. Forward-looking
statements are subject to a number of risks and uncertainties, including the
factors disclosed in our Annual Report on Form 10-K and subsequent filings with
the Securities and Exchange Commission. We are under no obligation to update,
modify or withdraw any forward-looking statements, except as required by
applicable law.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.

   Exhibit No.           Description
  99.1                   Press release of Keurig Dr Pepper Inc., dated October 1, 2021
  99.2                   Investor Day Slides of Keurig Dr Pepper Inc., dated October 1, 2021
104                      Cover Page Interactive Data File, formatted in Inline XBRL and included as
                         Exhibit 101

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