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Primo Brands Trading Volume Surges 211 Percent to 99th Rank Despite Stock Price Decline

Market BriefFriday, May 9, 2025 7:41 pm ET

1min read

On May 9, 2025, Primo Brands (PRMB) experienced a significant increase in trading volume, with a turnover of 7.20 billion, marking a 211.18% rise compared to the previous day. This surge placed Primo Brands at the 99th position in the daily stock market rankings. However, despite the high trading volume, the stock price of Primo Brands declined by 1.18%, marking the fourth consecutive day of decline and a total decrease of 3.88% over the past four days.

Primo Brands reported its first-quarter 2025 results, highlighting strong organic net sales growth driven primarily by volume. The company expanded its Adjusted EBITDA margin and is on track to capture $300 million in cost synergies, with $200 million expected to be realized in 2025. Primo Brands reaffirmed its full-year 2025 guidance for Net Sales, Adjusted EBITDA, and Adjusted Free Cash Flow.

Robbert Rietbroek, Chief Executive Officer of Primo Brands, emphasized the company's resilient business model, which focuses on domestic manufacturing scale, efficiency, cost control, and synergy capture. He noted that these factors, combined with exceptional customer service, position Primo Brands for continued success and shareholder value creation.

On May 1, 2025, Primo Brands announced a dividend of $0.10 per share, payable on June 17, 2025, to shareholders of record as of June 6, 2025. This dividend reflects the company's commitment to returning value to its shareholders.

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