Company Primo Water Corporation

Equities

PRMW

CA74167P1080

Non-Alcoholic Beverages

Market Closed - Toronto S.E. 04:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
25.74 CAD -0.46% Intraday chart for Primo Water Corporation +3.29% +28.96%

Business Summary

Primo Water Corporation is a pure-play water solutions provider that operates under a recurring revenue model in the large format water category. This business strategy is referred to as razor-razorblade. Its Razorblade offering includes Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, it delivers sustainable hydration solutions direct to customers, whether at home or to businesses. Through its Water Exchange business, customers visit retail locations and purchase a pre-filled bottle of water. Once consumed, empty bottles are exchanged at its recycling center displays, which provide a ticket that offers a discount towards the purchase of a new bottle. Water Exchange is offered in over 17,500 retail locations. Through its Water Refill business, customers refill empty bottles at nearly 23,500 self-service drinking water stations. It offers water filtration units across North America. Its water solutions offer access to purified, spring and mineral water.

Number of employees: 9,240

Sales per Business

CAD in Million2022Weight2023Weight Delta
North America
100.0 %
2,194 76.1 % 2,391 100.0 % +8.94%
Other
0.0 %
344 11.9 % 1 0.0 % -99.76%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
96.3 %
2,110 73.2 % 2,303 96.3 % +9.16%
Canada
3.7 %
86 3.0 % 89 3.7 % +3.36%

Managers

Managers TitleAgeSince
Chief Executive Officer 50 Dec. 31
Director of Finance/CFO 45 20-02-29
Chairman 67 07-08-31
Chief Tech/Sci/R&D Officer 51 19-03-31
Investor Relations Contact - 20-12-06
Corporate Officer/Principal 58 20-07-31
Human Resources Officer - 20-08-31
Comptroller/Controller/Auditor 51 02-12-31
Corporate Officer/Principal 60 -
General Counsel 54 08-08-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 20-05-04
Director/Board Member 66 18-11-06
Chairman 67 07-08-31
Director/Board Member 65 23-03-15
Director/Board Member 61 23-05-02
Director/Board Member 53 20-05-04
Director/Board Member 57 23-05-02
Director/Board Member 54 21-08-03
Director/Board Member 55 18-11-06
Chief Executive Officer 50 Dec. 31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 160,794,170 155,878,111 ( 96.94 %) 0 96.94 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
7.626 %
12,163,792 7.626 % 222 M $
Vanguard Fiduciary Trust Co.
7.623 %
12,159,661 7.623 % 221 M $
Fuller & Thaler Asset Management, Inc.
4.732 %
7,547,722 4.732 % 137 M $
JPMorgan Investment Management, Inc.
4.619 %
7,368,059 4.619 % 134 M $
Ameriprise Trust Co.
4.412 %
7,038,090 4.412 % 128 M $
Teachers Advisors LLC
2.991 %
4,771,571 2.991 % 87 M $
Fidelity Management & Research Co. LLC
2.689 %
4,289,339 2.689 % 78 M $
DePrince, Race & Zollo, Inc.
2.552 %
4,071,136 2.552 % 74 M $
Goldman Sachs Asset Management LP
2.414 %
3,850,165 2.414 % 70 M $
Allspring Global Investments LLC
2.322 %
3,703,385 2.322 % 67 M $

Company contact information

Primo Water Corp.

1150 Assembly Drive Suite 800

33607, Tampa

+813 544 8515

http://www.primowatercorp.com
address Primo Water Corporation(PRMW)

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