other material
confidence high
sentiment neutral
materiality 0.30
Primo Brands repurchases 410,340 shares from One Rock affiliate at $24.37/share
Primo Brands Corp
- Repurchased 410,340 Class A shares from Triton Water Equity Holdings (One Rock affiliate) at $24.37/share, ~$10.0M total.
- Secondary offering of 20,000,000 shares by selling stockholder closed Aug 7, 2026; gross proceeds $487.4M to seller.
- Company received no proceeds from offering; repurchase funded from cash on hand under existing share repurchase program.
- Repurchased shares retired; selling stockholder held 97,617,077 shares before transaction.