secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001193125-23-256083
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX facilitates secondary offering of 6.75M shares, concurrently repurchases 2.75M shares for $262.7M
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- Selling stockholders (Apollo affiliates) sold 6.75M shares; underwriters have 30-day option for additional 1.0125M shares.
- Company repurchased 2.75M shares from underwriters at $95.5135/share, total $262.7M, funded from existing cash.
- Company received no proceeds from the secondary offering; all shares sold by selling stockholders.
- Concurrent share repurchase approved by Audit Committee; made under existing repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312523256083/0001193125-23-256083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312523256083/d438723d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-256083

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