Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 113

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 3
Chunk 113
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 to the price paid by the underwriters to the Sponsor Stockholder and Triton Water Equity Holdings in the May Offering. We funded the share repurchase with cash on hand.

During the three months ended June 30, 2025, we withheld 52,116 shares, at an average price of $34.43, from delivery to our employees to satisfy their tax obligations related to the vesting or exercise of equity-based awards.

Information regarding purchases made by or on behalf of us or any "affiliated purchaser" (as defined in Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, as amended) of our Class A common stock during the three months ended June 30, 2025 is provided below:

Total Number of Class A Common StockPurchasedAverage PricePaid perCommonShareTotal Number of Class A Common Stock Purchased as Part of Publicly Announced Plans or ProgramsMaximum Approximate Dollar Value of Class A Common Stock that May Yet Be Purchased Under the Plans or ProgramsApril 1, 2025 - April 30, 2025— $— —$—May 1, 2025 - May 31, 20253,157,562 $31.67 —$—June 1, 2025 - June 30, 2025— $— —$—Total3,157,562 

Common Share Repurchase Program

On August 6, 2025, our Board of Directors approved a share repurchase program of $250 million of our outstanding Class A common stock (the “Share Repurchase Program”). Repurchases under the Share Repurchase Program may be made from time to time at the discretion of management through open market purchases, block trades, accelerated or other structured share repurchase programs, privately negotiated transactions, Rule 10b5-1 plans or other means. The manner, timing, pricing and amount of any transactions will be subject to the discretion of management and may be based upon market conditions, regulatory requirements and alternative opportunities that we may have for the use or investment of capital.

Unregistered Sales of Equity Securities

The Company did not issue any equity securities that were not registered under the Securities Act during the period covered by this Form 10-Q.

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