Issue #26581: Use the first coding cookie on a line, not the last one.
diff --git a/Lib/idlelib/IOBinding.py b/Lib/idlelib/IOBinding.py
index a4cc205..84f39a2 100644
--- a/Lib/idlelib/IOBinding.py
+++ b/Lib/idlelib/IOBinding.py
@@ -62,7 +62,7 @@
 encoding = locale_encoding  ### KBK 07Sep07  This is used all over IDLE, check!
                             ### 'encoding' is used below in encode(), check!
 
-coding_re = re.compile(r'^[ \t\f]*#.*coding[:=][ \t]*([-\w.]+)', re.ASCII)
+coding_re = re.compile(r'^[ \t\f]*#.*?coding[:=][ \t]*([-\w.]+)', re.ASCII)
 blank_re = re.compile(r'^[ \t\f]*(?:[#\r\n]|$)', re.ASCII)
 
 def coding_spec(data):
diff --git a/Lib/lib2to3/pgen2/tokenize.py b/Lib/lib2to3/pgen2/tokenize.py
index 1ff1c61..d14db60 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.]+)', re.ASCII)
+cookie_re = re.compile(r'^[ \t\f]*#.*?coding[:=][ \t]*([-\w.]+)', re.ASCII)
 blank_re = re.compile(br'^[ \t\f]*(?:[#\r\n]|$)', re.ASCII)
 
 def _get_normal_name(orig_enc):
diff --git a/Lib/test/test_importlib/source/test_source_encoding.py b/Lib/test/test_importlib/source/test_source_encoding.py
index b604afb..1e0771b 100644
--- a/Lib/test/test_importlib/source/test_source_encoding.py
+++ b/Lib/test/test_importlib/source/test_source_encoding.py
@@ -14,7 +14,7 @@
 import warnings
 
 
-CODING_RE = re.compile(r'^[ \t\f]*#.*coding[:=][ \t]*([-\w.]+)', re.ASCII)
+CODING_RE = re.compile(r'^[ \t\f]*#.*?coding[:=][ \t]*([-\w.]+)', re.ASCII)
 
 
 class EncodingTest:
diff --git a/Lib/test/test_source_encoding.py b/Lib/test/test_source_encoding.py
index 7979c82..3873400 100644
--- a/Lib/test/test_source_encoding.py
+++ b/Lib/test/test_source_encoding.py
@@ -178,7 +178,7 @@
     def test_double_coding_same_line(self):
         src = (b'#coding:iso8859-15 coding:latin1\n'
                b'print(ascii("\xc3\xa4"))\n')
-        self.check_script_output(src, br"'\xc3\xa4'")
+        self.check_script_output(src, br"'\xc3\u20ac'")
 
     def test_first_non_utf8_coding_line(self):
         src = (b'#coding:iso-8859-15 \xa4\n'
diff --git a/Lib/tokenize.py b/Lib/tokenize.py
index 9fd676c..b1d0c83 100644
--- a/Lib/tokenize.py
+++ b/Lib/tokenize.py
@@ -33,7 +33,7 @@
 import sys
 from token import *
 
-cookie_re = re.compile(r'^[ \t\f]*#.*coding[:=][ \t]*([-\w.]+)', re.ASCII)
+cookie_re = re.compile(r'^[ \t\f]*#.*?coding[:=][ \t]*([-\w.]+)', re.ASCII)
 blank_re = re.compile(br'^[ \t\f]*(?:[#\r\n]|$)', re.ASCII)
 
 import token