Dividends & Buybacks ·
Primo Brands Corporation entered into a stock purchase agreement on August 5, 2026, to repurchase 410,340 shares of…
PRMBPrimo Brands Corp
Primo Brands Corporation entered into a stock purchase agreement on August 5, 2026, to repurchase 410,340 shares of Class A common stock from an affiliate of One Rock Capital Partners at the price paid by the underwriter in a concurrent offering. The transaction closed on August 7, 2026, with the repurchased shares ceasing to be outstanding. Concurrently, the selling stockholder completed an underwritten secondary offering of 20,000,000 shares through Morgan Stanley & Co. LLC, generating $487.4 million in gross proceeds for the shareholder. No capital was raised by Primo Brands in this transaction. Primo Brands Corporation operates in the beverage industry, producing and distributing bottled water and other beverages.