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Stock impact report

Primo Brands Corporation (PRMB) to End Canadian Reporting Obligations Pending OSC Approval [Yahoo! Finance]

Primo Brands Corporation Class A (PRMB) 
Company Research Source: Yahoo! Finance
We recently compiled a list of the 12 Top Performing Consumer Staples Stocks in February . Primo Brands Corporation (NYSE:PRMB) is among the best performing stocks on this list. TheFly reported on March 5 that Mizuho increased its price target for PRMB from $24 to $28 while continuing to rate the shares as Outperform. Furthermore, on March 2, Primo Brands Corporation (NYSE:PRMB) declared that it had asked the Ontario Securities Commission, which serves as principal regulator, for permission to cease being a reporting issuer in a number of Canadian provinces, including Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Ontario, Prince Edward Island, Québec, and Saskatchewan. On November 8, 2024, the firm completed a merger and arrangement agreement with Primo Water and affiliated organizations, making it a reporting issuer in Canada. PRMB will no longer be obligated by Canadian securities regulations to submit financial statements or other Show less Read more
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