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TD SYNNEX Public Offering and $160M Share Repurchase

TD SYNNEX Public Offering and $160M Share Repurchase

TD SYNNEX Corporation (SNX) has released an update to notify the public and investors about a regulation fd disclosure.

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TD SYNNEX Corporation announced the start of a secondary public offering of its common stock by affiliates of Apollo Global Management, Inc., along with its intent to repurchase up to $160 million worth of shares from the underwriters in conjunction with the offering. The press release detailing this announcement clarifies that this does not constitute an offer to sell or a solicitation of an offer to buy securities where it would be unlawful to do so.

For further insights into SNX stock, check out TipRanks’ Stock Analysis page.

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