Ingram Micro announces launch of secondary offering of 11 million shares
INGM•Ingram Micro’s principal stockholder launched a secondary offering of 11 million shares. The company intends to repurchase 1 million shares from the underwriter and will not offer shares or receive proceeds from the sale.
1. Offering and repurchase
Ingram Micro Holding Corporation announced a secondary offering of 11 million common shares by its principal stockholder. The company intends to authorize a repurchase of 1 million shares from the underwriter as part of the offering; it is not offering shares and will not receive proceeds from the sale.
