Results for: BlueTriton

Primo Water Corporation announced impressive third-quarter results, exceeding revenue and volume expectations. Revenue growth was fueled by both volume and pricing, leading to expanded earnings and margins. The company also received final approval for its business combination with BlueTriton, and the transaction is expected to close on November 8th, with the combined entity, Primo Brands, to begin trading on the NYSE as early as November 11th.

Primo Water (PRMW) has declared a hefty special dividend of 82 cents, a massive increase from its usual quarterly dividend. This move follows the company’s pending merger with BlueTriton, Inc., which is expected to create a water-industry powerhouse. Investors are wondering if this is a sign of good things to come and whether PRMW can continue to boost shareholder value.