Ingram Micro Announces 11 Million-Share Secondary Offering and Repurchase
Ingram Micro says its principal stockholder launched a secondary offering of 11,000,000 common shares alongside a concurrent company stock repurchase.
Story updates
09:51:33 PM UTC
SquawkNews
A principal stockholder commenced a secondary offering of 11.0M shares, with an option for approximately 1.65M more; the company plans to repurchase 1.0M shares at the offering price using cash on hand. The company will receive no offering proceeds.Material DetailsContext by AI AnalystThis is a cap…
09:53:34 PM UTC
SquawkNews
Principal stockholder Ingram Holdco, an affiliate of Platinum Equity, is selling 11.0M shares, with