Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder and a Concurrent Stock Repurchase
Ingram Micro priced a secondary offering of 11,000,000 shares at $25.90 per share, all sold by Ingram Holdco, an affiliate of Platinum Equity, with a 30-day underwriter option for up to 1,650,000 additional shares. The company is not selling any shares and will receive no proceeds; Platinum Equity's selling affiliate captures the entire net proceeds, reducing the private-equity owner's stake.
Key figures
- Offering Price
- 25.9
- Shares Offered
- 11000000
- Company repurchase shares
- 1000000
- Underwriter option shares
- 1650000
AI analysis
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