Welcome to our dedicated page for Primo Brands news (Ticker: PRMB), a resource for investors and traders seeking the latest updates and insights on Primo Brands stock.
Primo Brands Corporation (NYSE: PRMB) generates frequent news as a North American branded beverage company focused on healthy hydration. Company announcements highlight its portfolio of branded water and beverages, its vertically integrated coast-to-coast network in the U.S. and Canada, and its direct-to-consumer offerings such as Direct Delivery, Exchange, and Refill services.
Investors following PRMB news can expect regular updates on financial performance, including quarterly earnings releases and related conference call details. Recent press releases have covered second and third quarter results, revisions to full-year guidance, cost synergy targets following the business combination of Primo Water Corporation and Triton Water Parent, Inc. (BlueTriton Brands), and information on dividends and share repurchase authorizations.
Primo Brands’ news flow also includes capital allocation and corporate governance developments, such as the authorization and expansion of a multi-hundred-million-dollar share repurchase program, and leadership changes including the appointment of Eric Foss as Executive Chairman and Chief Executive Officer. Form 8-K filings referenced in news items provide additional detail on these board and management transitions.
Sector-specific updates feature brand and sustainability initiatives, including a water replenishment and habitat restoration project along California’s Sacramento and Feather rivers in partnership with River Partners. These stories emphasize the company’s focus on responsible water stewardship, reusable packaging, and conservation of land and water resources across North America.
Visitors to this PRMB news page can review a stream of company-issued press releases and related coverage, including earnings announcements, conference participation notices, capital program updates, and environmental or community-focused projects tied to Primo Brands’ healthy hydration platform.
Primo Brands Corporation (NYSE: PRMB) has announced a significant secondary offering where affiliates of One Rock Capital Partners plan to sell 47,500,000 shares of Class A common stock. The offering will be underwritten by BofA Securities and Morgan Stanley, with shares being sold through various market channels at prevailing market prices.
Concurrent with this offering, Primo Brands will execute a $100 million share repurchase from the selling stockholders at the public offering price minus underwriting discounts. The repurchased shares will be retired upon completion of the transaction. While the share repurchase is contingent on the offering's completion, the offering itself is not dependent on the repurchase transaction.
Primo Brands Corporation (NYSE: PRMB) has announced a quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $0.10 per share on common shares. The dividend will be paid on June 17, 2025, to shareholders who are on record as of the close of business on June 6, 2025.
Splash Refresher™ launches its new 'Besties' campaign featuring Hollywood stars Anna Kendrick and Rebel Wilson to promote their new line of sparkling beverages. The campaign showcases the actresses' real-life friendship through a national 30-second spot, celebrating healthy hydration with zero sugar alternatives.
The new Splash Refresher™ Sparkling Beverage line features four flavors available nationwide:
- Kiwi Watermelon
- Rocket Freeze (blue raspberry, cherry, and lime)
- Blood Orange
- Black Cherry
Primo Brands (NYSE: PRMB) has announced a four-year partnership with The Ocean Cleanup to support cleanup efforts in Los Angeles County. The collaboration includes supporting the Interceptor™ 007 project in Ballona Creek and new initiatives to reduce ocean plastic pollution.
The partnership builds on Primo's sustainability achievements, including a recently completed nine-year project with Cucamonga Valley Water District that removed agricultural contaminants from groundwater. As a leader in reuse and refill beverage packaging, Primo operates the largest multi-serve and reuse packaging network through three- and five-gallon reusable bottles delivered to homes, offices, and retailers.
The Ocean Cleanup has already removed millions of kilograms of plastic pollution globally. This new partnership will enable expanded deployment, research, and operation of cleanup systems in California's waterways.
Primo Brands (NYSE: PRMB) has scheduled its first quarter 2025 earnings release and conference call. The company will announce its financial results for the quarter ended March 31, 2025, before markets open on Thursday, May 8, 2025.
The earnings conference call will be held at 10:00 a.m. ET on the same day, featuring a management presentation followed by a Q&A session. Participants can join via North America (888-510-2154) or International (437-900-0527) dial-in numbers using Conference ID: 62685.
A live audio webcast will be available through the company's investor relations website at ir.primobrands.com, with a recording archived for later playback.
Primo Brands has announced its portfolio of regional spring water and national purified water brands as the Official Water of Major League Baseball. The partnership includes Arrowhead, Deer Park, Ice Mountain, Ozarka spring waters and Pure Life purified water.
The campaign features MLB stars Fernando Tatis Jr., Elly de la Cruz, Yordan Alvarez, and Austin Riley who will participate in exclusive content, local activations, and community give-back initiatives throughout the season. The activation will run from Opening Day through the World Series, including the All-Star Game.
Each athlete will represent specific brands: de la Cruz partners with Pure Life and Ice Mountain, Riley with Deer Park, Alvarez with Ozarka, and Tatis Jr. with Arrowhead. The campaign, developed by Primo Brands' in-house creative agency The Lab, will include social media content, fan interactions, and local programs focusing on community engagement and healthy hydration awareness.
Primo Brands (NYSE: PRMB) has announced the pricing of a secondary public offering of 45,000,000 shares of Class A common stock by an affiliate of One Rock Capital Partners (the Selling Stockholder) at $29.50 per share. Additionally, Primo Brands will purchase 4,000,000 shares from the underwriters at the same price paid to the Selling Stockholder.
The offering is expected to close on March 12, 2025. The Selling Stockholder has granted underwriters a 30-day option to purchase up to 6,750,000 additional shares. Morgan Stanley and BofA Securities are leading the offering as joint book-running managers, with several other financial institutions participating in various roles.
The Selling Stockholder will receive all net proceeds from the offering, with no shares being sold by the Company directly. The offering will be conducted through a shelf registration statement on Form S-1 that has been declared effective by the SEC.
Primo Brands (NYSE: PRMB) has announced a significant secondary offering where an affiliate of One Rock Capital Partners plans to sell 45,000,000 shares of Class A common stock. The Selling Stockholder will grant underwriters a 30-day option to purchase up to 6,750,000 additional shares.
The offering will be managed by multiple financial institutions, with Morgan Stanley and BofA Securities acting as joint lead book-running managers. Notably, Primo Brands intends to repurchase 4,000,000 shares from the underwriters at the same price paid to the Selling Stockholder, funded through cash on hand.
The company itself is not selling any shares, and all net proceeds will go to the Selling Stockholder. The offering will be conducted through a shelf registration statement on Form S-1 that has been declared effective by the SEC.
Primo Brands (NYSE: PRMB) has announced the final results of its private exchange offers for three series of outstanding senior notes. The exchange offers included:
- €450M of 3.875% Senior Notes due 2028
- $750M of 4.375% Senior Notes due 2029
- $713M of 6.250% Senior Notes due 2029
Following the Early Tender Date (February 7, 2025), additional notes were tendered by the Expiration Date (February 25, 2025): €2.64M of 2028 Notes, $120K of 2029 Notes, and $13.69M of BlueTriton Notes. The final settlement is expected on February 28, 2025. After settlement, remaining outstanding amounts will be: €8.12M of 2028 Notes, $3.55M of 2029 Notes, and $263K of BlueTriton Notes.