dChan - Q Origins Project Archive

Primoris Services Director (ex COB,Pres/CEO) sold: $49.99m-Dec 10

Primoris Services Corporation is a holding company. The Company holds various subsidiaries, through which it operates as a specialty contractor and infrastructure company. The Company provides a range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation and other customers. It operates in three segments: the West Construction Services segment (West segment), the East Construction Services segment (East segment) and the Energy segment. The Company installs, replaces, repairs and rehabilitates natural gas, refined product, water and wastewater pipeline systems; large diameter gas and liquid pipeline facilities, and heavy civil projects, earthwork and site development.

Number of employees : 10 600 people.

https://www.marketscreener.com/PRIMORIS-SERVICES-CORPORA-195602/company/

Primoris Services Corporation Announces Repurchase of Common Stock

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that the Company has purchased 2,316,960 shares of common stock for an aggregate consideration of $50 million from Brian Pratt, a member of the Company’s Board of Directors (the “Board”). The transaction completes the share repurchase program announced by the Company on November 4, 2019, and was funded with cash on hand.

https://www.marketscreener.com/PRIMORIS-SERVICES-CORPORA-195602/news/Primoris-Services-Corporation-Announces-Repurchase-of-Common-Stock-29713157/

cap#2

Tidelands Pipeline Relocation – Port of Long Beach

http://www.primoriscorp.com/projects#tidelands-pipeline-relocation-port-of-long-beach

Mr. Pratt has served as a Director of Primoris Services Corporation since May 2019, and he served as Chairman of the Board from August 2015 to May 2019. From 1983 to August 2015, Mr. Pratt served as the President, Chief Executive Officer and Chairman of the Board of Primoris and its predecessor, ARB, Inc., a California corporation. Prior to July 2008, Mr. Pratt was the majority owner of Primoris. Mr. Pratt directs strategy, establishes goals and oversees our operations. Mr. Pratt has over 30 years of hands-on operations and management experience in the construction industry. Mr. Pratt completed four years of courses in Civil Engineering at California Polytechnic College in Pomona.

http://investor.primoriscorp.com/board-directors/brian-pratt