Reported Earlier, Ingram Micro Prices $233M Initial Public Offering Of 18.6M Common Shares At $22/Share
Portfolio Pulse from Benzinga Newsdesk
Ingram Micro has announced the pricing of its IPO, offering 18.6 million shares at $22 each. The shares will trade under the ticker 'INGM' on the NYSE starting October 24, 2024. The company will not receive proceeds from shares sold by existing stockholders.
October 24, 2024 | 6:44 am
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Ingram Micro's IPO is priced at $22 per share, with trading set to begin on the NYSE. The company will not benefit from shares sold by existing stockholders.
The IPO pricing and upcoming trading on the NYSE are significant events for Ingram Micro, likely to generate investor interest and impact the stock price positively in the short term. However, the company will not receive proceeds from shares sold by existing stockholders, which may limit immediate financial benefits.
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IMPORTANCE 80
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