Why is Ingram Micro conducting a buyback concurrent with its principal stockholder's secondary offering?

The concurrent repurchase is a tactical maneuver to offset potential dilution from the secondary offering of 13.1 million shares by Platinum Equity affiliate. By repurchasing 625,000 shares at the same price the underwriter pays for the offering shares, the company reduces the net dilutive impact on existing shareholders while deploying cash efficiently.

At what price will the Company repurchase the 625,000 shares?

The repurchase price will equal the per-share price at which the underwriter agrees to purchase shares from the Selling Stockholder. The actual price is not specified in this announcement and will be determined during the offering process.

Is this a new share repurchase program authorization or part of an existing program?

According to the filing, this 625,000-share repurchase is part of the Company's existing share repurchase program. No new authorization amount or dollar limit is disclosed in this filing.

How will Ingram Micro fund this repurchase?

The Company will fund the 625,000-share repurchase with cash on hand. No debt financing or other capital sources are mentioned for this transaction.

Who is the underwriter for both the offering and the repurchase?

Goldman Sachs & Co. LLC is serving as the sole underwriter. The Company will repurchase the 625,000 shares directly from the underwriter, and the underwriter will receive no additional compensation for facilitating the repurchase.

INGM 8-K Filed 2026-09-10 Execution disclosure

Ingram Micro to repurchase 625,000 shares concurrent with secondary offering

Company executes concurrent buyback from underwriter as Platinum Equity affiliate conducts 13.1M-share offering.

Shares repurchased625K

MechanismConcurrent open-market repurch

What the filing says

Ingram Micro Holding Corporation announced on September 8, 2026, that it intends to authorize a repurchase of 625,000 shares of its Common Stock from the underwriter concurrently with a secondary offering by its principal stockholder, Ingram Holdco, LLC (an affiliate of Platinum Equity, LLC).

The repurchase price will equal the per-share price at which the underwriter agrees to purchase shares from the Selling Stockholder. The Company will fund the Share Repurchase with cash on hand. While the repurchase is conditioned upon closing of the secondary offering, the offering itself is not conditioned upon the buyback closing.

The Share Repurchase is characterized as part of the Company's existing share repurchase program and is expected to be executed concurrently with the closing of the Offering. Goldman Sachs & Co. LLC is the sole underwriter.

The Company intends to authorize a repurchase of 625,000 shares of the Company's Common Stock from the underwriter as part of the Offering at a price per share equal to the price per share at which the underwriter agrees to purchase shares of Common Stock from the Selling Stockholder (the "Share Repurchase"). The Share Repurchase is part of the Company's existing share repurchase program. — Ingram Micro Holding Corp 8-K filing · View on SEC EDGAR →

What this means

Ingram Micro is executing a tactical 625,000-share buyback timed to coincide with a secondary offering by its principal shareholder (Platinum Equity affiliate). The company will purchase shares from the offering's underwriter at the same price the underwriter pays the selling stockholder, using existing cash. This is structured as part of an existing repurchase program and is expected to offset some dilution from the 13.1 million shares being offered to the public, though the actual per-share purchase price is not disclosed in this filing.

Frequently asked questions

Why is Ingram Micro conducting a buyback concurrent with its principal stockholder's secondary offering?: The concurrent repurchase is a tactical maneuver to offset potential dilution from the secondary offering of 13.1 million shares by Platinum Equity affiliate. By repurchasing 625,000 shares at the same price the underwriter pays for the offering shares, the company reduces the net dilutive impact on existing shareholders while deploying cash efficiently.
At what price will the Company repurchase the 625,000 shares?: The repurchase price will equal the per-share price at which the underwriter agrees to purchase shares from the Selling Stockholder. The actual price is not specified in this announcement and will be determined during the offering process.
Is this a new share repurchase program authorization or part of an existing program?: According to the filing, this 625,000-share repurchase is part of the Company's existing share repurchase program. No new authorization amount or dollar limit is disclosed in this filing.
How will Ingram Micro fund this repurchase?: The Company will fund the 625,000-share repurchase with cash on hand. No debt financing or other capital sources are mentioned for this transaction.
What happens if the secondary offering doesn't close?: Although the Share Repurchase is conditioned upon the closing of the secondary offering, the offering itself is not conditioned upon the buyback closing. If the offering is canceled, the repurchase would not occur.
Who is the underwriter for both the offering and the repurchase?: Goldman Sachs & Co. LLC is serving as the sole underwriter. The Company will repurchase the 625,000 shares directly from the underwriter, and the underwriter will receive no additional compensation for facilitating the repurchase.

execution concurrent-repurchase secondary-offering existing-program ingram-micro

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.