Ingram Micro board approves $75M buyback

The Company’s board of directors has also approved a share repurchase plan whereby, from time to time, the Company may repurchase up to $75 million of the Company’s common stock in connection with one or more secondary public offerings by Imola JV Holdings, L.P., our controlling stockholder, when an independent committee of the board of directors deems such repurchases are appropriate. Such repurchase authority expires on February 26, 2026.