Update: Ingram Micro Shares Fall After Pricing Secondary Offering of Common Shares

02:24 PM EDT, 09/09/2026 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.) Ingram Micro (INGM) shares fell 5.4% on Wednesday, a day after the company said its stockholder Ingram Holdco priced a secondary public offering of 13.1 million common shares at $27.25 apiece. The offering's underwriter has a 30-day overallotment option to purchase up to nearly 1.97 million additional shares. Ingram Micro has approved a concurrent repurchase of 625,000 shares from the underwriter, it said. The company expects the offering to settle and close by Thursday. Ingram Holdco is an affiliate of Platinum Equity. Price: 26.86, Change: -1.52, Percent Change: -5.36