Issue #26581: Use the first coding cookie on a line, not the last one.
diff --git a/Lib/lib2to3/pgen2/tokenize.py b/Lib/lib2to3/pgen2/tokenize.py
index d64a3e6..8cae873 100644
--- a/Lib/lib2to3/pgen2/tokenize.py
+++ b/Lib/lib2to3/pgen2/tokenize.py
@@ -236,7 +236,7 @@
                 startline = False
             toks_append(tokval)
 
-cookie_re = re.compile(r'^[ \t\f]*#.*coding[:=][ \t]*([-\w.]+)')
+cookie_re = re.compile(r'^[ \t\f]*#.*?coding[:=][ \t]*([-\w.]+)')
 blank_re = re.compile(r'^[ \t\f]*(?:[#\r\n]|$)')
 
 def _get_normal_name(orig_enc):