other material
confidence medium
sentiment neutral
materiality 0.65
TD SYNNEX secondary offering of 6.75M shares; company to buy back 2.75M shares
TD SYNNEX CORP
- 6,750,000 shares offered by Apollo Global Management affiliates and other selling stockholders; expected close Oct 13.
- Company to repurchase 2,750,000 shares from underwriters at same price using existing cash; no proceeds to company.
- Underwriters have a 30-day option to purchase up to an additional 1,012,500 shares from selling stockholders.
- Price per share not disclosed in the filing or press release.
- Goldman Sachs and J.P. Morgan are joint bookrunners.