Td synnex announces pricing of secondary public offering of common stock and concurrent share repurchase

Fremont, calif. & clearwater, fla.--( business wire )--td synnex corporation (nyse: snx) (“td synnex” or the “company”) today announced the pricing of a secondary public offering of 4,500,000 shares of its common stock at a price to the public of $97.00 per share. all of the shares in the offering are being sold by certain entities managed by affiliates of apollo global management, inc. (the “selling stockholders”). the offering is expected to close on or about january 30, 2023, subject to customary closing conditions. the underwriters have a 30-day option to purchase up to an additional 675,000 shares of common stock from the selling stockholders. td synnex will not receive any of the proceeds from the sale of shares by the selling stockholders in the offering.
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