secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001193125-24-020913
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX reports secondary offering of 8.77M shares by Apollo affiliates, concurrent buyback of 1.38M shares
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- Selling stockholders (Apollo entities) sold 8,768,750 shares at $100.50; offering closed Jan 31, 2024.
- Company repurchased 1,375,000 shares from underwriters at $100.50/share, totaling ~$138.2M.
- Repurchase funded with existing cash, approved by independent Audit Committee; no proceeds to company from secondary.
- Offering included full exercise of underwriters' option for additional 1,143,750 shares from selling stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524020913/0001193125-24-020913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524020913/d764319d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-020913

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