Apollo sells all 102M ADT shares; ADT repurchases 29.1M shares in $1.5B plan

ADT Inc.

Apollo sold 102,000,366 shares of ADT common stock in an underwritten offering that closed May 5, 2026.
ADT repurchased 29,142,961 shares from underwriters using its previously authorized $1.5B repurchase plan.
Three Apollo designees (Reed Rayman, Nicole Bonsignore, Benjamin Honig) resigned from the Board effective May 5, 2026.
Bylaws amended on May 8, 2026 to remove all references to Apollo and the 2018 Stockholders Agreement.
Company received no proceeds from the offering; underwriter fees waived on repurchased shares.

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