07:28 AM EST, 11/10/2025 (MT Newswires) -- Primo Brands ( PRMB ) said Monday its board has authorized a $50 million increase to its current stock buyback plan, bringing the total authorization to $300 million.

Under the existing program, Primo said it previously acquired roughly 4.4 million shares for about $97.7 million. Including the increase, the company said it now has about $202.3 million of capacity under the repurchase plan.

Primo Brands' ( PRMB ) shares were 2.6% higher in premarket trading.