Primo Brands announces secondary offering of 45M shares by One Rock affiliate; company to repurchase 4M shares

Primo Brands Corp

One Rock affiliate selling 45M shares of Class A common stock in underwritten secondary offering; company receives no proceeds.
Company will repurchase 4M shares from underwriters at offering price, funded with cash on hand, contingent on closing.
Underwriters granted 30-day option to purchase up to 6.75M additional shares from the selling stockholder.
Morgan Stanley, BofA Securities, J.P. Morgan, RBC Capital Markets, Barclays act as joint book-running managers.
Offering made under effective shelf registration statement; proceeds to selling stockholder only.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.