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Primo Brands Announces Increase to Share Repurchase Program Authorization
Prnewswire· 2025-11-10 11:30
Core Viewpoint - Primo Brands Corporation has authorized an increase of $50 million to its existing share repurchase program, raising the total authorization to $300 million [1][2]. Share Repurchase Program - The company has previously repurchased approximately 4.4 million shares of Class A common stock for about $97.7 million, leaving approximately $202.3 million of capacity under the repurchase program after the increase [2][3]. - The repurchase may occur through various methods including open market purchases, block trades, and privately negotiated transactions, with management having discretion over the timing and amount based on market conditions [3]. Company Overview - Primo Brands is a leading North American branded beverage company focused on healthy hydration, offering a diverse range of products distributed across the U.S. and Canada [4]. - The company has a comprehensive portfolio that includes well-known brands such as Poland Spring® and Pure Life®, as well as premium and regional offerings [4]. - Primo Brands operates a vertically integrated distribution network reaching over 200,000 retail outlets and provides direct delivery services to homes and businesses [4]. - The company emphasizes sustainability through reusable packaging and actively manages water resources, conserving over 28,000 acres of land [4].
Primo Brands Announces Date for Third Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-10-01 20:30
Core Viewpoint - Primo Brands Corporation will release its third quarter financial results on November 6, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial results for the third quarter ended September 30, 2025, will be announced before the markets open on November 6, 2025 [1] - A conference call will be held on the same day at 10:00 a.m. ET, which will include a question-and-answer session following the management's presentation [2] - The conference call can be accessed via North America dial-in at (888) 510-2154 and international dial-in at (437) 900-0527, with a conference ID of 27654 [2] Group 2: Company Overview - Primo Brands is a leading North American branded beverage company focused on healthy hydration, offering a diverse range of products across various channels and consumer occasions [4] - The company has a comprehensive portfolio that includes well-known brands such as Poland Spring® and Pure Life®, as well as premium and regional brands [4] - Primo Brands operates a vertically integrated distribution network, reaching over 200,000 retail outlets and providing direct delivery services to homes and businesses [4]