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Primo Brands achieves $1.8 billion in Q3 net sales and approves share buyback

The Motley Fool · ·by G4L

PRMB
PRMB Primo Brands Corp
$23.88 +0.29%
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  1. 1Primo Brands recorded $1.8 billion in net sales for the third quarter.
  2. 2Primo Brands achieved a 2.2% growth rate in direct delivery sales for the third quarter.
  3. 3The board approved a $300 million share buyback program for Primo Brands.

So what's the key point?

Primo Brands generated $1.8 billion in sales during the third quarter. The company decided to buy back its own shares, which is good news for shareholders.

Source The Motley Fool · View original ↗

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