2023-10-11 06:25:13 ET
- TD SYNNEX ( NYSE: SNX ) has priced previously announced secondary public offering of 6.75M common shares by selling shareholders.
- The green shoe option is for another 1,012,500 common shares.
- The company will not receive any of the proceeds from the sale of shares by the selling stockholders in the offering.
- In addition, the Company has agreed to purchase from the underwriters 2.75M common shares under the Company’s existing share repurchase program using existing cash on hand.
- Closing date is October 13, 2023.
- Source: Press Release
For further details see:
TD SYNNEX prices public offering of common stock and concurrent share repurchase