secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001193125-24-087281
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX announces secondary offering of Apollo's remaining 5.3M shares, concurrent buyback of 1.75M shares
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- Selling stockholders (Apollo entities) offer 5,309,299 shares of common stock; company receives no proceeds.
- TD SYNNEX will repurchase 1,750,000 shares from underwriters as part of the offering under existing buyback program.
- Underwriters include J.P. Morgan, Citigroup, Goldman Sachs, Mizuho, and RBC Capital Markets.
- Repurchase funded from existing cash; underwriters receive no compensation for those shares.
- Offering represents all remaining shares owned by Apollo, marking its full exit from the stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524087281/0001193125-24-087281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524087281/d821927d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-087281

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