ShareholdingMay 7, 2026, 04:33 PM
Ingram Micro: Principal Stockholder Sells 12.74M Shares; Co. Buys Back $30M
AI Summary
Ingram Micro Holding Corporation's principal stockholder, Ingram Holdco, LLC, completed a secondary offering of 12,740,384 shares of common stock at $26.00 per share, totaling approximately $330 million. The underwriters also fully exercised their option to purchase an additional 1,730,769 shares. Concurrently, Ingram Micro repurchased 1,201,923 shares, equivalent to $30 million, from the underwriters as part of its existing $175 million stock repurchase program, leaving $70 million remaining capacity. The company did not receive any proceeds from the secondary offering.
Key Highlights
- Principal stockholder, Ingram Holdco, LLC, sold 12,740,384 shares in a secondary offering.
- The offering was priced at $26.00 per share, totaling approximately $330 million.
- Underwriters fully exercised a 30-day option to purchase an additional 1,730,769 shares.
- Ingram Micro repurchased 1,201,923 shares (valued at $30 million) concurrently from underwriters.
- The repurchase is part of an existing $175 million program, with $70 million capacity remaining.
- The Selling Stockholder received all net proceeds from the offering.