TD SYNNEX announces secondary offering of 7.6M shares by Apollo and concurrent buyback of 1.4M shares

TD SYNNEX CORP

Apollo affiliates selling 7,625,000 shares; underwriters have 30-day option for additional 1,143,750 shares.
Company will not receive proceeds; to repurchase 1,375,000 shares at same price using existing cash.
Offering expected to close Jan 31, 2024; joint bookrunners: Goldman Sachs, BofA Securities, RBC Capital Markets.
No offering price disclosed in filing; prospectus supplement available via SEC.

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