An announcement from TD SYNNEX Corporation (SNX) is now available.
TD SYNNEX Corporation has announced a secondary public offering of its common stock, previously owned by affiliates of Apollo Global Management. In conjunction with this offering, the company plans to repurchase 1,750,000 shares from the underwriters, who won’t receive any compensation for these repurchased shares. This move is significant for investors tracking company ownership changes and stock buybacks, which can influence stock value and market perceptions.
Find detailed analytics on SNX stock on TipRanks’ Stock Analysis page.