Company: PRMB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0002042694-25-000003
Chunk: 195

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: 10-K
Item: Item 5
Chunk 195
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11, 2024 (the date our Class A common stock commenced trading on the NYSE) through December 31, 2024 in the value of $100, assuming reinvestment of dividends, invested in: (i) our Class A common stock; (ii) the S&P 400 Index; (iii) the peer group, which consists of publicly-traded companies in the beverage, other consumer packaged goods and route-based service industries, comprised of: The Boston Beer Company, Inc., Campbell Soup Company, Clean Harbors, Inc., Coca-Cola Consolidated, Inc., Flowers Foods, Inc., General Mills, Inc., The Hershey Company, the J.M. Smucker Company, Keurig Dr. Pepper Inc., Lamb Weston Holdings, Inc., Molson Coors Beverage Company, Monster Beverage Corporation, Post Holdings, Inc., Waste Connections, Inc., WK Kellogg Co, and XPO, Inc. The closing price of Primo Brands’s Class A common stock as of December 31, 2024 was $30.77 on the NYSE. The following table is in US dollars.

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Table of Contents

 ASSUMES $100 INVESTED ON NOVEMBER 11, 2024 

ASSUMES DIVIDENDS REINVESTED

PERIOD DECEMBER 31, 2024

Company / Market / Peer GroupNovember 11, 2024November 30, 2024December 31, 2024Primo Brands Corporation$100.00$117.80$127.09S&P 400$100.00$102.20$94.92Peer Group $100.00$102.05$95.87

Issuer Purchases of Equity Securities

The Company did not have a stock repurchase program during 2024. During the quarter ended December 31, 2024 the Company withheld 333,560 shares, at an average price of $31.09, from delivery to our employees to satisfy their tax obligations related to the vesting of equity-based awards.

Unregistered Sales of Equity Securities.

Other than with respect to the previously-disclosed securities issued in connection with the Transaction, the Company did not issue any equity securities that were not registered under the Securities Act during the period covered by this Annual Report.