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TD SYNNEX CORPORATION - SNX STOCK NEWS

Welcome to our dedicated page for TD SYNNEX CORPORATION news (Ticker: SNX), a resource for investors and traders seeking the latest updates and insights on TD SYNNEX CORPORATION stock.

TD SYNNEX Corporation (SNX) serves as your centralized source for official news and developments from the global IT distribution leader. This repository aggregates essential updates including financial results, strategic partnerships, technology ecosystem expansions, and operational milestones.

Investors and industry professionals gain direct access to primary source documents including earnings releases, executive announcements, and supply chain innovations. Our curated feed ensures timely updates on SNX's role in connecting 150,000+ technology solutions across hardware distribution, cloud services, and business process outsourcing.

The archive features categorized updates on:
- Quarterly financial performance and annual reports
- Strategic vendor partnerships and channel expansions
- Technology solution launches and service enhancements
- Corporate governance updates and leadership changes

Bookmark this page for streamlined tracking of SNX's market position as a Fortune 500 leader in IT infrastructure and solutions aggregation. Verify time-sensitive decisions against original press releases and official statements.

News

TD SYNNEX CommunitySolv Kicks off Spring 2024 Events

Rhea-AI Summary
TD SYNNEX (SNX) launches Spring 2024 programming for CommunitySolv, focusing on innovation, business optimization, and operational excellence. Events in Las Vegas and Toronto offer networking opportunities and highlight high-growth areas like AI and security. Canadian event emphasizes the 'Power of Partnership' with key speakers addressing industry issues and operational excellence topics.
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Scality and TD SYNNEX partner to meet ransomware protection requirements for organizations in Germany, Austria and Switzerland

Rhea-AI Summary
Scality partners with TD SYNNEX to distribute cyber-resilient storage solutions in the DACH region, enhancing ransomware protection for enterprises. The collaboration aims to provide affordable, enterprise-grade object-storage software to strengthen cyber security posture across hybrid-cloud environments.
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TD SYNNEX Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Rhea-AI Summary
TD SYNNEX (SNX) announced the pricing of a secondary public offering of 5,309,299 shares of its common stock. The offering, sold by affiliates of Apollo Global Management, Inc., is expected to close soon.
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TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Rhea-AI Summary
TD SYNNEX (SNX) announces a secondary public offering of 5,309,299 shares by Selling Stockholders managed by Apollo Global Management, Inc. The Company will not sell any shares but will repurchase 1,750,000 shares concurrently. The underwriters include J.P. Morgan Securities , Citigroup Global Markets Inc., and others. The offering will be made through a written prospectus and prospectus supplement.
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Rhea-AI Sentiment
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0.39%
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TD SYNNEX Announces Pricing of Upsized Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Rhea-AI Summary
TD SYNNEX (NYSE: SNX) announced the pricing and upsize of a secondary public offering of 10,500,000 shares of its common stock, sold by entities managed by affiliates of Apollo Global Management, Inc.
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-2.5%
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TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Rhea-AI Summary
TD SYNNEX (SNX) announces a proposed secondary public offering of 9,000,000 shares of its common stock by certain entities managed by affiliates of Apollo Global Management, Inc. The underwriters have an option to purchase an additional 1,350,000 shares. The Company is not selling any shares and will not receive proceeds from the sale. A Concurrent Share Repurchase of 500,000 shares is authorized, not exceeding $60.0 million, funded by existing cash. The underwriters will not receive compensation for the shares repurchased by the Company.
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Cyolo Security Announces Partnership with TD SYNNEX

Rhea-AI Summary
Cyolo announces a partnership with TD SYNNEX to enhance secure remote access capabilities for industrial enterprises. The collaboration aims to boost revenue streams by providing secure access to critical environments and systems through the Cyolo PRO platform.
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TD SYNNEX Reports Fiscal 2024 First Quarter Results; Announces New $2B Share Repurchase Authorization

Rhea-AI Summary
TD SYNNEX (SNX) reported strong financial results for the fiscal first quarter, with revenue of $14.0 billion, non-GAAP gross billings of $19.3 billion, and net income of $172 million. The company achieved record margins, with diluted EPS at $1.93 and non-GAAP diluted EPS at $2.99. Cash provided by operations was $385 million, and free cash flow was $344 million. TD SYNNEX returned $235 million to shareholders through share repurchases and dividends, showing a 59% increase from the prior fiscal first quarter.
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TD SYNNEX Recognizes Chair Emeritus and Technology Pioneer Matthew Miau

Rhea-AI Summary
TD SYNNEX (SNX) celebrates the retirement of Matthew Miau, highlighting his impactful leadership and transformative growth during his three-decade tenure. Miau's legacy includes strategic acquisitions, IPO support, and the merger with Tech Data, shaping the company into a global IT solutions leader.
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TD SYNNEX Recognized by NVIDIA Partner Network as Distribution Partner of the Year in the Americas

Rhea-AI Summary
TD SYNNEX (SNX) has been chosen by a major technology company to distribute its products, expanding its reach in the market.
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TD SYNNEX CORPORATION

NYSE:SNX

SNX Rankings

#681 Ranked by Market Cap
#1639 Ranked by Dividends

SNX Stock Data

8.87B
78.49M
6.4%
90.37%
1.54%
Electronics & Computer Distribution
Wholesale-computers & Peripheral Equipment & Software
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United States
FREMONT