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Review of Primo Water Corp.
NOV 26, 2024 - We have been covering Primo Water Corporation (PRMW) since 2020, and since that time, our rating of the company has remained unchanged at B+. The company recently went through a merger with BlueTriton Brands. As a result of this transaction, former Primo Water common shares will be exchanged for Class A common stock of Primo Brands at an exchange ratio of one for one. Therefore, we are dropping coverage on Primo Water Corporation (PRMW).
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Q: Hello Peter and Staff
Thank you for recommending PRMW several months back . I’ve had a great ride but wondering where it stacks up now going forward .
I own ATD , DOL as well as it in consumer staples and wonder if L or another one you would recommend would be better than the merged Primo company going forward ?
Thanks for all you do
Dennis
Thank you for recommending PRMW several months back . I’ve had a great ride but wondering where it stacks up now going forward .
I own ATD , DOL as well as it in consumer staples and wonder if L or another one you would recommend would be better than the merged Primo company going forward ?
Thanks for all you do
Dennis
Q: Further to my question on the merger of this company, what happens to my canadian stock in this company. Will they be automatically be transfered to the new US company PRMB, or will I have to advise my broker to do this transfer. Also if I just want to sell my canadian stock in this company can I still do it or is it to late.
Q: Can you advise what has happen with this stock? It looks like it has been halted from trading. I realized that here has been a merger of some kind so maybe this has affected the stock. Many tnx.
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