secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001193125-24-082062
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX discloses Apollo-led secondary offering of 12.1M shares, concurrent $54M buyback
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- Apollo-managed entities to sell 12,075,000 shares of SNX common stock via secondary offering; includes 1,575,000 share over-allotment.
- TD SYNNEX repurchased 500,000 shares at $108.60/share (~$54.3M) from underwriters concurrently with offering.
- Company used existing cash for buyback; no proceeds from sale of shares by selling stockholders.
- Offering expected to close on or about April 2, 2024; registered under shelf registration statements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524082062/0001193125-24-082062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524082062/d653532d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-082062

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