Ingram Micro prices secondary share sale by Platinum Equity affiliate
Ingram Micro priced a secondary offering of 11 million shares sold by a Platinum Equity affiliate at $25.90 each, and it will repurchase 1 million shares as well.
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what happened
Ingram Micro Holding Corporation has priced a secondary offering of 11,000,000 common shares sold by Ingram Holdco, LLC, a Platinum Equity affiliate. The price is $25.90 per share, according to Reuters and TradingView.
The company is not selling any stock and will receive none of the proceeds, which go entirely to the selling shareholder, including any proceeds from a 30-day option on up to 1,650,000 more shares. Separately, the company has authorized a concurrent repurchase of 1,000,000 shares from underwriter Goldman Sachs & Co. LLC, to be funded with cash on hand. Settlement is expected on or about November 4, 2026.
why it matters
The deal is modest in size, roughly $285 million at the offering price, and adds no new shares to the market because the company is not issuing stock. The buyback partly offsets the supply coming from the seller.
tags
instruments
sources
- Ingram Micro Announces Pricing Of Secondary Offering Of Common Stock By Its Principal Stockholder And A Concurrent Stock Repurchase — Reuters, 3 November 2026 at 02:27 UTC
- Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder and a Concurrent Stock Repurchase — TradingView, 3 November 2026 at 02:25 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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