TD SYNNEX prices secondary offering of 5.3M shares by Apollo affiliates; to buy 1.75M shares concurrently

TD SYNNEX CORP

5,309,299 shares offered by Apollo affiliates; TD SYNNEX receives no proceeds.
Company to repurchase 1,750,000 shares from underwriters at offering price under existing buyback program.
Repurchase funded from existing cash; underwriters receive no compensation for repurchased shares.
Offering expected to close April 9, 2024; J.P. Morgan, Citi, Goldman Sachs, Mizuho, RBC act as joint bookrunners.
Apollo affiliates sell all remaining shares; net share count impact depends on repurchase offset.

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