secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001193125-23-253556
Event type: other
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX launches secondary offering of 6.75M shares held by Apollo affiliates, plans $280M concurrent buyback
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- Secondary offering of 6,750,000 shares by selling stockholders (Apollo affiliates and others); underwriters have 30-day option for 1,012,500 more.
- TD SYNNEX to repurchase up to 2,750,000 shares (max $280M) from underwriters as part of the offering, funded from cash.
- Company will not receive any proceeds from share sales by selling stockholders.
- Goldman Sachs and J.P. Morgan are joint bookrunners for the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312523253556/0001193125-23-253556-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312523253556/d331714d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-253556

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