Ingram Holdco Prices 13.125M Ingram Micro Share Sale at $27.25; Company to Buy Back 625,000
Key Facts
Ingram Holdco priced a secondary offering of 13,125,000 Ingram Micro common shares at $27.25 each, while Ingram Micro authorized a concurrent repurchase of 625,000 shares.
Ingram Holdco, a Platinum Equity affiliate and Ingram Micro's principal stockholder, will receive all net proceeds from the sale. Ingram Micro is not offering shares and will receive no proceeds. The seller also granted the underwriter a 30-day option to buy up to 1,968,750 additional shares.
Ingram Micro will buy the 625,000 shares from the underwriter at the same per-share price the underwriter agreed to pay the selling stockholder, which is not necessarily the $27.25 public offering price. The underwriter will receive no compensation for the repurchase portion, which the company expects to fund with cash on hand.
The offering is expected to settle and close on September 10, 2026, subject to customary conditions. The repurchase depends on the offering closing, but the offering does not depend on completion of the repurchase. Goldman Sachs & Co. LLC is the sole underwriter.
Because Ingram Holdco is selling existing shares and Ingram Micro is not issuing new stock, the offering does not create dilution through a new issuance. The more relevant effects are a potential increase in tradable supply and a reduction in the seller's stake, while the repurchase absorbs part of the shares handled by the underwriter. The final changes depend on closing and any exercise of the additional-share option.
For context, INGM closed at $28.84 on September 4, 2026, after trading between $28.27 and $29.00 during the session. That provides a pre-offering reference without assuming the repurchase will prevent selling pressure or determine the stock's direction.
The next milestones include the expected settlement on September 10, 2026, and any disclosure about exercise of the additional-share option or changes in ownership. Ingram Micro also lists a Capital Markets Day on September 15, 2026, among its upcoming events.
Latest Updates · 1
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Update: The company has officially priced its secondary offering of 13.1 million shares at $27.25 per share. This pricing establishes the benchmark for both the divestment by Platinum Equity and Ingram Micro’s concurrent share repurchase, providing investors with definitive valuation terms for the transaction.