secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001193125-24-089616
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX announces secondary offering of 5.3M shares by Apollo affiliates and $200M buyback
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- Apollo affiliates sold 5,309,299 shares in secondary offering; expected close April 9, 2024.
- Company repurchased 1,750,000 shares at $114.20/share from underwriters for ~$199.9M.
- Repurchase funded from cash on hand under existing program; Company got no proceeds from secondary sale.
- Audit Committee of independent directors approved the concurrent share repurchase terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524089616/0001193125-24-089616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524089616/d820400d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-089616

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