05:22 AM EDT, 03/28/2024 (MT Newswires) -- TD Synnex ( SNX ) said Wednesday a previously announced secondary public offering has been upsized to 10.5 million shares.

The shares are being sold by affiliates of Apollo Global Management ( APO ) in an offering expected to close on April 2, subject to customary closing conditions.

The underwriters will have a 30-day option to purchase up to 1,575,000 additional shares. TD Synnex ( SNX ) will not receive any proceeds from the offering, it said.

The company has also agreed to purchase 500,000 shares from the underwriters as part of the company's ongoing share repurchase program.