Upcoming Dividend • Jul 13
Upcoming dividend of US$0.48 per share Eligible shareholders must have bought the stock before 17 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (0.8%). Buy Or Sell Opportunity • Jul 05
Now 20% undervalued Over the last 90 days, the stock has risen 36% to €213. The fair value is estimated to be €266, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 17% in the next year. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €228, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 177% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €280 per share. Annuncio • Jul 01
TD SYNNEX Corporation Announces Appointment of Amy Brady as Sales Director - Major Accounts, UK and Ireland TD SYNNEX Corporation had announced the appointment of Amy Brady as sales director - major accounts, UK and Ireland. Brady has worked at TD SYNNEX for almost a decade and was most recently Dell EMC business unit director, UK and Ireland, a position she has held for just over four years. In total, she has more than 22 years of experience working in IT distribution, all of which have been spent in sales and business management roles. She joins a talented sales team that works tirelessly to drive excellent customer service for partners and to enhance TD SYNNEX's reputation as a trusted advisor and a leading IT distributor and solutions aggregator for the IT ecosystem. Declared Dividend • Jun 29
Second quarter dividend of US$0.48 announced Shareholders will receive a dividend of US$0.48. Ex-date: 17th July 2026 Payment date: 31st July 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 41%. Reported Earnings • Jun 26
Second quarter 2026 earnings released: EPS: US$4.20 (vs US$2.22 in 2Q 2025) Second quarter 2026 results: EPS: US$4.20 (up from US$2.22 in 2Q 2025). Revenue: US$19.6b (up 31% from 2Q 2025). Net income: US$334.1m (up 82% from 2Q 2025). Profit margin: 1.7% (up from 1.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jun 24
TD SYNNEX Corporation Announces Appointment of Douglas Britt as A Member of Board, Audit Committee and Technology Committee, Effective June 17, 2026 On June 17, 2026, the Board of Directors of TD SYNNEX Corporation (the “Company”) appointed Douglas Britt as a member of the Company’s Board of Directors (the “Board”) effective as of June 17, 2026, increasing the size of the Board from ten to eleven members. In addition, Mr. Britt was appointed to serve on the Board’s Audit Committee and Technology Committee effective as of June 17, 2026. A seasoned technology executive, Britt brings more than 30 years of experience leading global technology, manufacturing and supply chain businesses and a strong track record of driving operational excellence and strategic growth. Britt currently serves as Executive Chairman of Boyd, where he previously served as Chief Executive Officer and led the sale of Boyd Thermal business to Eaton Corporation in 2026. He currently oversees the Boyd Thermal business within Eaton. Britt currently serves on the boards of Helios Technologies and Benchmark Electronics and has played a key role in numerous value-creation initiatives throughout his career including the development and strategic growth of Nextracker eventually leading to its separation into an independent public company and the expansion of Boyd’s Thermal business into a global leader in liquid cooling technologies. Prior to Boyd, Britt served as President of the Integrated Solutions division of Flex Ltd., a global design, engineering, manufacturing and supply chain solutions provider. Earlier in his career, he held senior leadership roles at Future Electronics, Silicon Graphics and Solectron. He holds a Bachelor of Science in Business Administration from California State University, Chico, and has completed executive education programs in Europe, including at the University of London. Annuncio • Jun 17
TD SYNNEX Expands HPE Unleash AI Solutions Offerings TD SYNNEX announced the expansion of its HPE Unleash AI solutions offerings, enabling partners to more easily identify, source and deploy certified AI applications as part of the NVIDIA AI Computing by HPE Portfolio. The expanded portfolio includes newly onboarded solutions from ISVs such as Aible, Smart Spatial, Kamiwaza, Iterate, Gambit, EPIC iO and Medical Informatics Corp, alongside established Unleash AI offerings already available through TD SYNNEX. Together, these solutions are part of Destination AI™, TD SYNNEX’s comprehensive AI enablement framework, and support a broad range of AI use cases across industries, including computer vision, data intelligence, healthcare and smart environments. The HPE Unleash AI program brings together infrastructure, software and services designed to support scalable, repeatable enterprise-grade AI workloads. Through its ongoing collaboration with HPE, TD SYNNEX is helping translate this ecosystem into actionable opportunity for customers by onboarding and enabling a focused set of priority ISVs across the program, including several solutions newly available through TD SYNNEX. These ISV partners are chosen for this program because they deliver real-world, outcome-driven AI use cases that can be validated by HPE and NVIDIA and taken to market jointly enabling customers to move from pilots to production faster, underpinned by the NVIDIA AI Computing by HPE portfolio. As organizations move from AI exploration to production-ready deployments, partners are increasingly challenged by the complexity of integrating infrastructure and AI software into scalable, repeatable offerings. By making a growing selection of validated HPE Unleash AI solutions available through its platform, TD SYNNEX helps customers shorten deployment timelines, reduce integration risk and build AI solutions with greater confidence. Annuncio • Jun 05
TD SYNNEX Corporation to Report Q2, 2026 Results on Jun 25, 2026 TD SYNNEX Corporation announced that they will report Q2, 2026 results Pre-Market on Jun 25, 2026 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €238, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Electronic industry in Germany. Total returns to shareholders of 190% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €278 per share. Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ken Lamneck was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 17
TD SYNNEX Expands AI Infrastructure-As-A-Service Portfolio With Dedicated NVIDIA HGX B300 Clusters On Nebius AI Cloud TD SYNNEX announced the expansion of its AI Infrastructure-as-a-Service portfolio with dedicated NVIDIA HGX B300 clusters deployed on Nebius AI Cloud. The offering, delivered through the TD SYNNEX x Nebius AI Cloud, provides partners with reserved access to AI factory-grade GPU infrastructure designed to support enterprise-scale AI development and deployment. This deployment marks the first time a global IT distributor has reserved a dedicated NVIDIA AI factory-grade cluster from an AI-native cloud provider, enabling TD SYNNEX to activate predictable, high-performance AI infrastructure across its partner ecosystem. By securing dedicated GPU capacity in advance, TD SYNNEX helps partners overcome one of the most significant barriers to enterprise AI adoption: inconsistent access to high-performance compute. Partners can allocate reserved capacity directly to customer workloads, accelerating the transition from AI experimentation to production-ready solutions. The TD SYNNEX x Nebius AI Cloud is aligned with NVIDIA Enterprise Reference Architecture and supports sustained training and inference workloads. Built-in security, isolation and operational reliability provide a production-ready foundation for partners delivering enterprise AI solutions. Through the TD SYNNEX partner ecosystem, the infrastructure can be combined with NVIDIA AI Enterprise software — including NVIDIA NIM microservices and NVIDIA AI Blueprints — along with ISV software and services to deliver complete, enterprise-ready AI solutions. TD SYNNEX enables commercialization and go-to-market execution, while Nebius operates the underlying infrastructure, allowing partners to focus on solution development and customer outcomes. Partners such as Aible, an enterprise AI agent platform, will be able to leverage Nebius infrastructure through TD SYNNEX to scale agentic AI workflows for enterprise customers. Nebius makes it easy for Aible to move customer use cases from experimentation to production. Its alignment with NVIDIA Enterprise Reference Architecture meant they are able to install and optimize platform on Nebius in under two hours and made full agent marketplace, as well as long-running agents, available for enterprise-scale workloads — now accessible to more partners through TD SYNNEX. TD SYNNEX showcased the TD SYNNEX x Nebius AI Cloud with partners at its annual High Growth Conference, taking place this week in Puerto Rico, and at NVIDIA GTC 2026 last month. Partners and enterprise customers interested in accessing dedicated GPU capacity to unlock stalled AI deployments are encouraged to visit to learn more. Annuncio • Mar 04
TD SYNNEX Corporation to Report Q1, 2026 Results on Mar 31, 2026 TD SYNNEX Corporation announced that they will report Q1, 2026 results Pre-Market on Mar 31, 2026 Annuncio • Feb 05
TD SYNNEX Corporation, Annual General Meeting, Mar 25, 2026 TD SYNNEX Corporation, Annual General Meeting, Mar 25, 2026. Location: 44201 nobel drive, california 94538., fremont, United States Annuncio • Jan 29
Iterate.ai, TD SYNNEX and HPE Launch AI-Powered Solution to Help Hospitals Reclaim Millions in Lost Insurance Revenue Iterate.ai along with TD SYNNEX announced the launch and availability of Generate for Healthcare, a comprehensive AI-powered solution empowering hospital systems to identify and recover millions of dollars in unpaid and underpaid insurance claims. Generate for Healthcare addresses a critical challenge facing healthcare providers nationwide. Each year, hospitals lose tens of thousands to millions of dollars in revenue due to denied or underpaid insurance claims. These losses come from fragmented EMR systems, complex coding requirements, and inconsistent payer practices. Without clear visibility into claims data, healthcare providers struggle to recover lost reimbursements and prevent ongoing payment erosion. The solution runs on HPE Private Cloud AI, co-developed with NVIDIA, or HPE ProLiant DL380a Gen12 servers, as part of the NVIDIA AI Computing by HPE portfolio. The solution is available through TD SYNNEX's distribution network. Generate for Healthcare leverages agentic AI workflow cards to ingest and parse complex claims data holistically, without requiring structured inputs or system integrations. Operating directly at the EMR file level, the solution works seamlessly across multiple EMR systems to identify payment gaps, pinpoint coding errors, and analyze historical payment data against contract terms. The solution can even automatically draft Letters of Medical Necessity for claim resubmissions, a task that adds to the heavy administrative load physicians already face each week. TD SYNNEX brings unmatched expertise in distribution solution aggregation, comprehensive presales support, and specialized sales resources to the partnership, ensuring healthcare organizations and their technology partners receive competitive pricing and product availability. The solution offers a significant revenue opportunity for partners, with software costs representing approximately 0.1% of Net Patient Revenue annually, plus compute infrastructure. Generate for Healthcare delivers immediate ROI by 1) accelerating revenue by identifying rebills and payments, enabling smarter planning with real data for budgeting and forecasting, and 3) optimizing operations by tracking claim-to-payment gaps in real time. Annuncio • Dec 12
TD SYNNEX Corporation to Report Fiscal Year 2025 Results on Jan 08, 2026 TD SYNNEX Corporation announced that they will report fiscal year 2025 results at 9:30 AM, US Eastern Standard Time on Jan 08, 2026 Annuncio • Nov 18
TD SYNNEX Evolves Digital Bridge with New AI Assistant for Microsoft Teams to Drive Increased Agility for Partners TD SYNNEX announced the launch of the PartnerFirst Digital Bridge AI Assistant, available now through its Microsoft Teams Plugin in North America. The assistant integrates real-time TD SYNNEX product intelligence, solution enablement, and vendor program data directly into highly used business applications, creating more seamless interactions between resellers and their end customers. Digital Bridge and this AI Assistant are part of PartnerFirst, TD SYNNEX's evolved customer digital experience designed to simplify processes and support partners throughout their journeys by integrating people, platforms, services and more. The AI Assistant provides partners with deep enablement resources and technical information within their conversations with end customers, without leaving the platform. This capability, along with the ability to retrieve real-time pricing, inventory, order status and more through adaptive cards within Teams streamlines and enriches technology discussions. vendor integration also creates more efficiency and convenience for resellers. Dell Technologies is already collaborating with TD SYNNEX to create more real-time updates through PartnerFirst Digital Bridge. Digital Bridge launched earlier this year and has already been adopted by over 3,000 partners. Through Digital Bridge, TD SYNNEX combines secure API connectivity, an AI-ready data foundation and workflow-native integration to deliver real-time insights and automation across tools like Microsoft Teams and Outlook. Annuncio • Oct 14
TD SYNNEX Launches Global FinOps Practice in Collaboration with IBM to Help Partners Maximize Cloud Profitability TD SYNNEX announced the launch of a TD SYNNEX Global FinOps Practice powered by IBM Cloudability. The offering aims to help partners build their own practice, enabling customers to optimize cloud spend, improve forecasting accuracy, and drive stronger financial outcomes across multi-cloud environments. This new service marks the first time a global technology distributor has launched a comprehensive, end-to-end FinOps practice, uniting real-time analytics, cost governance, and financial accountability under one strategic framework. The TD SYNNEX Global Fin DevOps Practice delivers a comprehensive framework that includes enablement for partners, integrated tooling, and FinOps-as-a-Service that helps align finance, operations, and IT teams around real-time data to make smarter, more profitable decisions in the cloud. This approach empowers partners to help their customers optimize cloud usage, enhance their own service offerings, and leverage best-in-class financial operations capabilities without competing with their existing services. Built for cloud resellers, MSPs, and systems integrators managing complex multi-cloud environments, the TD SYNNEX global FinOps practice without starting from scratch, making them better equipped to enhance their own offerings, improve margins, and boost customer retention. IBM Cloudability, a leading FinOps solution with deep analytics capabilities, complements TD SYNNEX's global scale and end-to-end solution model, creating a TD SYNNEX-led solution developed to address the unique needs of the channel. The practice includes: Dedicated Global and Regional Centers of Excellence with FinOps experts; Advanced analytics and intuitive dashboards powered by IBM Cloudability; Actionable guidance and optimization services for right-sizing and savings planning; Forecasting and budgeting support, along with executive-level reporting; Consultancy and enablement resources to help partners build or enhance their own FinOps capabilities. According to IDC, the global FinOps market is currently valued at $18.5 billion, and is expected to grow more than 16% through 2028, yet many businesses still struggle to track costs, allocate spend, or demonstrate ROI, leaving up to 50% of their cloud spend underutilized - TD SYNNEX's Global FinOps Practice aims to solve this for partners of varied maturity levels. The TD SYNNEX FinOps Practice is available to partners who procure cloud services through TD SYNNEX, as well as those procuring directly from cloud services providers. Partners can benefit from the combined strengths of IBM solutions and StreamOne IaaS optimization capabilities, which together present a distinctive opportunity to help expedite time to market, maximize value, and address skill gaps. Annuncio • Oct 10
Td Synnex Appoints Andy Mccarthy as Sales Director for Major Accounts TD SYNNEX Corporation announced the appointment of Andy McCarthy as sales director - major accounts, UK and Ireland, underling its commitment to the continued enhancement of partner experiences. McCarthy brings more than 27 years of experience working in customer-facing roles within the channel to TD SYNNEX, including seven-and-a-half years as general manager for major accounts at Exertis. He has also held senior sales and account management posts at both Samsung and Sony. He joins a talented sales team, dedicated to driving excellent customer experiences and continuing to enhance TD SYNNEX's reputation as a trusted advisor and a leading IT distributor and solutions aggregator for the IT ecosystem. Annuncio • Oct 08
TD SYNNEX Launches AI Infrastructure-as-a-Service Offering to Accelerate AI Innovation TD SYNNEX announced the launch of its AI Infrastructure-as-a-Service (AI IaaS) offering in North America, enabling TD SYNNEX partners to deliver advanced, secure, and cost-optimized AI solutions without the upfront burden of hardware investment. This is made possible through a new partnership with Nebius. With demand for artificial intelligence surging across industries, TD SYNNEX now equips partners with access to Nebius AI Cloud, built to meet the demands of modern AI workloads with speed, reliability, security, and interoperability. The AI IaaS offering enhances TD SYNNEX's Destination AI program, giving partners of all sizes the tools to scale proofs of concept into enterprise-grade solutions tailored for analytics, machine learning, and advanced research -- all while leveraging purpose-built infrastructure built with the NVIDIA accelerated computing platform and vertically integrated with software that supports both training and inference workloads. TD SYNNEX's AI IaaS service provides direct access to NVIDIA GPUs on Nebius infrastructure, with transparent, flat-rate pricing and advanced scale-up and scale-out compute fabric performance through NVIDIA Quantum-X800 InfiniBand and NVIDIA NVLink for large-scale training and inference. Key advantages for TD SYNNEX partners include: Rapid access to new-generation GPU hardware - Provision AI infrastructure in hours, not weeks, to accelerate customer adoption and new AI and cloud revenue streams. Lower capital expenditures and predictable operational costs - Eliminate upfront hardware investment while providing cost savings and budget stability through reserved instances. High performance with lower total cost - Deliver performance beyond standard cloud benchmarks without the expense of building and maintaining infrastructure, plus built-in compliance, security, and sustainability. Flexible reserved- instance options - Meet customer needs by securing GPU capacity in advance to balance cost savings and workload flexibility. TD SYNNEX plans to add more AI IaaS offerings over the coming months. Annuncio • Sep 05
TD SYNNEX Corporation to Report Q3, 2025 Results on Sep 25, 2025 TD SYNNEX Corporation announced that they will report Q3, 2025 results Pre-Market on Sep 25, 2025 Annuncio • Aug 22
Simon Leung Plans to Retire as Chief Business Officer of TD SYNNEX Corporation, Effective September 1, 2025 On August 15, 2025, Simon Leung, Chief Business Officer of TD SYNNEX Corporation informed the Company that he has decided to retire from the Company effective September 1, 2025. Annuncio • Jul 02
TD SYNNEX Corporation (NYSE:SNX) acquired Apptium Technologies. TD SYNNEX Corporation (NYSE:SNX) acquired Apptium Technologies on July 1, 2025. As a wholly owned subsidiary, Apptium, a TD SYNNEX company, will continue to function as a separate organization to preserve and sustain its entrepreneurial culture and the pace of product innovation it has established in the market. Founder Rick Kapani will continue to lead the business as General Manager and Senior Vice President, reporting to Chief Strategy and Technology Officer Sergio Farache. Apptium will also continue serving its existing customers via the Apptium Cloud Commerce Platform.
TD SYNNEX Corporation (NYSE:SNX) completed the acquisition of Apptium Technologies on July 1, 2025. Annuncio • Jun 04
TD SYNNEX Corporation to Report Q2, 2025 Results on Jun 24, 2025 TD SYNNEX Corporation announced that they will report Q2, 2025 results Pre-Market on Jun 24, 2025 Annuncio • Jun 03
TD SYNNEX Corporation Announces Appointment of Kenneth Lamneck to Its Board of Directors TD SYNNEX welcomed Kenneth Lamneck to its Board of Directors (the “Board”) at its 2025 annual meeting of stockholders in April 2025. The Board subsequently appointed him to be Chair of its Nominating and Corporate Governance Committee. A proven technology executive and seasoned board leader, Lamneck brings three decades of experience in business strategy and operations to TD SYNNEX's Board. He most recently served as President, Chief Executive Officer and board member of Insight Enterprises Inc., and currently serves on the boards of Benchmark Electronics Inc. and Fidelity National Information Services Inc., in addition to TD SYNNEX. Prior to Insight, Lamneck held multiple executive roles across the IT distribution industry, including President of the Americas region at Tech Data Corporation, President of Arrow/Richey Electronics and President of Arrow’s Industrial Computer Products business. In these roles, Lamneck led product strategy, supplier relationships and business development across multiple markets. Lamneck began his career as an engineer at IBM after serving five years in the United States Army. He holds a Bachelor of Science degree from the United States Military Academy at West Point and a Master of Business Administration from the University of Texas at El Paso. Annuncio • May 15
TD SYNNEX Unveils Next Phase of Destination AI to Operationalize Partners' AI Strategies TD SYNNEX announced the next evolution of its global, industry-leading Destination AI™? program designed to modernize partners' go-to-market strategies and capitalize on the growing demand for AI-enabled solutions. As AI matures, the market is increasingly focusing on integrated, AI-enabled technologies across security, networking, storage, cloud and more. This evolution requires a holistic approach to AI go-to-market strategies, emphasizing the importance of AI-ready infrastructure, hardware and other high-growth technologies. To navigate this shift, TD SYNNEX has strategically enhanced its global Destination AI™? framework to better support partners' AI strategies. A key component of the updated framework is the Destination AI™? Solution Grid, a visual tool that connects partners with areas of AI opportunity aligned to their current capabilities and strategic goals. The new methodology coordinates with Destination AI™?'s partner AI profiling, which identifies partners as Aware, Ready or Expert in AI. It then maps AI-native and AI-enabled solutions from leading vendors and technology verticals onto a grid that reflects both the technical complexity of the solution and the sophistication of the sales play required. TD SYNNEX is also deepening its AI investments internally by prioritizing AI-focused training and upskilling for its co-workers, specifically through its Global Specialized Skills curriculum and newly launched class of internal Destination AI™? Champions who guide partners through their AI journey by serving as business outcomes-oriented AI experts. The enhancements to Destination AI™? were previewed to partners at the 2025 High-Growth Conference in Los Angeles, Calif., including the new Destination AI™? Partner Assessment Tool -- a readiness evaluation exclusive to partners in North America that helps identify their current AI maturity and aligns them with appropriate solutions via the Solution Grid. The assessment provides a guided entry point into the AI market based on technical capability and sales readiness. Annuncio • Mar 07
TD SYNNEX Corporation to Report Q1, 2025 Results on Mar 27, 2025 TD SYNNEX Corporation announced that they will report Q1, 2025 results Pre-Market on Mar 27, 2025 Annuncio • Jan 28
Td Synnex Launches Digital Bridge to Simplify Integrations for Technology Partners TD SYNNEX announced the launch of the initial phase of the TD SYNNEX Digital Bridge Microsoft Teams Plugin, now available to customers in North America. This is the first plugin available as part of the new TD SYNNEX Digital Bridge solution. TD SYNNEX Digital Bridge is a unique marketplace of pre-built integrations being designed to remove complexity and connect partners' existing systems directly to TD SYNNEX, providing real-time information that will enable faster, automated workflows that can reduce costs and increase efficiency. According to the TD SYNNEX 3rd annual Direction of Technology report, partners said that simplified, specialized tech solutions, ease of transacting business and business enablement are key factors when selecting a distribution partner. This approach will simplify integrations with tools and platforms businesses already use, empowering partners to strengthen their operational ecosystems. By offering pre-built solutions that eliminate the complexity of traditional integration processes, the Digital Bridge enables partners to easily adopt new capabilities without requiring extensive development resources. The Microsoft Teams Plugin exemplifies this commitment by providing partners with real-time access to essential data and seamless connectivity to their TD SYNNEX account teams--all from within their own systems. This new plugin helps partners streamline their operations by delivering real-time updates on inventory, pricing, and promotions. It eliminates the need to toggle between systems, making it easier for partners to collaborate, make informed decisions, and manage workflows in one familiar environment. Future enhancements, including advanced order tracking, detailed summaries, and logistics insights, will further expand its business impact, enabling partners to focus on growth and innovation. Annuncio • Jan 17
TD SYNNEX Corporation, Annual General Meeting, Apr 02, 2025 TD SYNNEX Corporation, Annual General Meeting, Apr 02, 2025. Location: greenville, south carolina, 39 pelham ridge drive, United States Annuncio • Jan 16
TD SYNNEX Announces Upcoming Retirement of Hau Lee from Board of Directors TD SYNNEX announced the upcoming retirement of Hau Lee from its Board of Directors. Lee, who has served as a Director of TD SYNNEX since 2012, will retire from the Board when his current term of office expires, effective at TD SYNNEX’s 2025 Annual Meeting of Stockholders. In addition to serving on the TD SYNNEX board, Lee is the Thoma Professor of Operations, Information and Technology at the Graduate School of Business at Stanford University and the Co-Director of the Stanford Value Chain Innovation Initiative. His career includes election to the National Academy of Engineering of the U.S.; Fellow of Manufacturing and Service Operations Management; Production and Operations Management Society; and INFORMS. Lee also is a co-founder of DemandTec Inc. and serves on the board of directors of Silvaco Group Inc. and Lion Rock Group Limited. He received his Bachelor of Social Science degree in Economics and Statistics from the University of Hong Kong, his Master of Science degree in Operational Research from the London School of Economics, and his Master of Science and Doctor of Philosophy degrees in Operations Research from the Wharton School of the University of Pennsylvania. Annuncio • Dec 19
TD SYNNEX Announces Management Changes TD SYNNEX announced the appointment of Kristie Grinnell as Executive Vice President and Chief Information Officer, effective January 20, 2025. She succeeds Bonnie Smith, who will be retiring from her role as TD SYNNEX CIO and will stay with the company until February 1 to ensure a smooth transition. Grinnell joins TD SYNNEX from DXC Technology, a global consulting, engineering, and technology company, where she served as Chief Information Officer. At DXC, she led an IT organization of over 1,500 employees, driving significant advancements in technology and business integration. Prior to DXC, Grinnell held the position of Global CIO, and Chief Supply Chain Officer at General Dynamics Information Technology, where she was responsible for IT, cybersecurity, supply chain services, and technology shared services. An award-winning advocate for women in STEM, Grinnell has been actively involved in organizations such as Girls Who Code, STEMforHER, and Uniting Women in Cyber. She holds a Bachelor of Science degree in Mechanical Engineering from the University of Pittsburgh and an MBA from Cornell University. She will be based in the TD SYNNEX Clearwater office. Annuncio • Dec 13
TD SYNNEX Corporation to Report Q4, 2024 Results on Jan 09, 2025 TD SYNNEX Corporation announced that they will report Q4, 2024 results Pre-Market on Jan 09, 2025 Annuncio • Dec 05
TD SYNNEX Corporation (NYSE:SNX) completed the acquisition of Cloud Migration Business of Ipsense Tecnologia Em Redes De Comunicacao LTDA. TD SYNNEX Corporation (NYSE:SNX) entered into an agreement to acquire Cloud Migration Business of Ipsense Tecnologia Em Redes De Comunicacao LTDA on September 12, 2024. IPsense's analytics, big data and machine learning business is not included in this transaction and will remain with the current owners under a new brand name, with George Randolph managing the business going forward. The completion of the acquisition is contingent upon customary closing conditions and is expected to close within 30 to 90 days.
TD SYNNEX Corporation (NYSE:SNX) completed the acquisition of Cloud Migration Business of Ipsense Tecnologia Em Redes De Comunicacao LTDA on December 4, 2024. As part of the acquisition, TD SYNNEX will integrate the IPsense cloud migration business sales model into the two-tier distribution model, fostering partner-to-partner projects, driving collaboration, helping to build stronger alliances and enabling customers to leverage each other's expertise for mutual growth and success. Recent Insider Transactions • Nov 09
Chief Business Officer recently sold €717k worth of stock On the 6th of November, Simon Leung sold around 6k shares on-market at roughly €115 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.3m. Insiders have been net sellers, collectively disposing of €7.6m more than they bought in the last 12 months. Annuncio • Nov 08
TD SYNNEX Corporation Appoints Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace TD SYNNEX announced the appointment of industry veteran Tanuj Raja as Senior Vice President, North America Hyperscaler and Marketplace. Raja joins TD SYNNEX from Google and brings a wealth of expertise in marketplace strategies, digital transformation, and Telecom and Edge ecosystems. Raja most recently served as Global Director, Strategic Partnerships for Google, after also serving as Global Head of Cloud Commerce and Global Head of Android Enterprise Partnerships. He has also served as a Board Advisor or Board Member to cloud-based organizations including Identity Digital, Metrics.ca, Metaswitch Networks and others. Recent Insider Transactions • Oct 22
Insider recently sold €2.3m worth of stock On the 18th of October, David Vetter sold around 20k shares on-market at roughly €113 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.9m more than they bought in the last 12 months. Annuncio • Oct 10
TD SYNNEX Launches Destination AI™ Practice Accelerator to Expand Partner Go-To-Market Efforts for Aggregated AI Solutions TD SYNNEX announced the launch of its Destination AI™ Practice Accelerator in North America to fast-track AI go-to-market efforts and monetization for partners. The program provides personalized support to partners looking to deliver specialized AI solutions to their customers. According to TD SYNNEX’s recently released Direction of Technology report, partners are rapidly increasing investments in AI, with nearly half of all channel partners planning to offer AI-driven solutions in the next two years. Part of Destination AI™, TD SYNNEX’s comprehensive global AI market strategy, the Accelerator program enables partners to identify AI opportunities for their end customers and build an AI practice to meet those needs. The program will feature a new aggregated AI solution each month, with new cohorts of partners participating in six-week courses focused on going to market with one of these solutions on a quarterly basis. Each cohort of the Destination AI™ Practice Accelerator Program will participate in specialized training sessions and receive enablement resources tied to their vertical use case, enabling them to craft a customized market strategy. TD SYNNEX is now recruiting its next cohort of partners for its upcoming Accelerator program, which will focus on leveraging Generative AI (GenAI) for business automation. Sponsored by Intel, the solution will demonstrate the significant business impact of maximizing GenAI investments. The solution will feature Iterate.ai’s AI platform, which enables enterprises to build production-ready applications and ready-to-use products for private AI requirements. TD SYNNEX is now recruiting its next cohort of partners to participate. The program piloted in June, with 12 participating partners across the retail vertical trained to go to market with VisionAI – a solution aggregated by TD SYNNEX that combines offerings from Intel, SAS and meldCX to enhance retail operations and elevate customer experiences. The pilot program received Intel’s Distribution Q324 Excellence Award, demonstrating its success in driving impact within the AI sector. Declared Dividend • Sep 30
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 11th October 2024 Payment date: 25th October 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 26
Third quarter 2024 earnings released: EPS: US$2.11 (vs US$1.49 in 3Q 2023) Third quarter 2024 results: EPS: US$2.11 (up from US$1.49 in 3Q 2023). Revenue: US$14.7b (up 5.2% from 3Q 2023). Net income: US$178.6m (up 29% from 3Q 2023). Profit margin: 1.2% (up from 1.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Annuncio • Sep 03
TD SYNNEX Corporation Announces Executive Changes, Effective December 1, 2024 TD SYNNEX announced that Reyna Thompson will be appointed President of North America on December 1, 2024, following the departure of Peter Larocque, President of North America, who plans to transition to an advisory role on November 30, 2024. Thompson joined TD SYNNEX in 1993 and has built a deep understanding of the ways the company can make vendors and customers more successful. Most recently, she has led the North America Advanced Solutions business unit focused on cloud, security, data/AI and data center solutions. This team of highly skilled co-workers supports an impressive line card of innovative technologies and services, enabling over 12,000 channel partners through a wide array of programs and practices. Under her leadership, TD SYNNEX’s CyberSolv, CloudSolv and Public Sector programs have won CRN Partner Program Listing in 2024 and CRN Power 100 in 2022. She also serves on the board for Elevate, a TD SYNNEX business resource group focused on elevating and mentoring women. Declared Dividend • Jun 27
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 12th July 2024 Payment date: 26th July 2024 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 26
Second quarter 2024 earnings released: EPS: US$1.68 (vs US$1.41 in 2Q 2023) Second quarter 2024 results: EPS: US$1.68 (up from US$1.41 in 2Q 2023). Revenue: US$13.9b (flat on 2Q 2023). Net income: US$143.6m (up 8.7% from 2Q 2023). Profit margin: 1.0% (up from 0.9% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Annuncio • Jun 20
TD SYNNEX Announces CEO Changes, Effective September 1, 2024 TD SYNNEX announced that Patrick Zammit will become Chief Executive Officer, succeeding Rich Hume, who will retire after a transformative tenure as CEO. Hume will remain on the TD SYNNEX board of directors. The leadership transition is effective September 1, 2024. Zammit, who has served as the company's chief operating officer since January 2024, brings a wealth of experience and a proven track record of driving growth and operational excellence. Zammit has been instrumental in coordinating the company's business strategy, driving profitable growth and accelerating the adoption of new, high-growth technologies around the globe. Zammit led the European region beginning in 2017, following Tech Data’s acquisition of Avnet Technology Solutions. His role expanded in 2021 to include responsibilities for the APJ region. His tenure at Avnet, which began in 1993, saw him in various management roles, culminating as Global President of the Technology Solutions division, where he served on its executive board. His earlier roles at Avnet included President of EMEA Electronic Marketing and European CFO. Hume joined what was then Tech Data in 2016 as COO, taking over as CEO in 2018. During his tenure, he has helped lead the company through a period of significant growth and transformation, including the acquisition of Avnet TS, taking the company private in partnership with Apollo Asset Management and the successful merger of Tech Data and SYNNEX. Under his leadership, TD SYNNEX has embraced a culture of servant leadership, focusing on empowering employees, fostering an inclusive environment and building a company with a purpose that extends beyond financial success. The Board of Directors expressed its deep gratitude to Rich Hume for his leadership and contributions to TD SYNNEX and extends its best wishes to him in his retirement. Annuncio • Jun 06
TD SYNNEX Corporation to Report Q2, 2024 Results on Jun 25, 2024 TD SYNNEX Corporation announced that they will report Q2, 2024 results Pre-Market on Jun 25, 2024 Annuncio • May 30
TD SYNNEX Announces Executive Changes TD SYNNEX announced that Alim Dhanji will join the company as its new Chief Human Resources Officer, effective June 10, 2024. Dhanji brings over 25 years of global leadership experience in creating high-performing teams and developing innovative talent strategies. Dhanji succeeds Beth Simonetti who will retire from the company effective, June 1, 2024 and stay on as a consultant for the business through August 31, 2024. Prior to joining TD SYNNEX, Dhanji served as the Chief People Officer and Executive Vice President at Equinox Group where he focused on increasing leadership opportunities and cultivating a high-performance culture. Dhanji's career also includes leadership roles at Adidas, where he served as President of Adidas Canada and Senior Vice President of Global Talent & Head of HR for Global Brands. During his time at Adidas, he was responsible for enterprise talent functions and HR leadership and contributed to the company's strategic business goals through a multi-year talent and high-performance plan. Dhanji holds an MBA from Royal Roads University and has completed the Advanced Management Program at Harvard Business School. He has also served on numerous private equity-backed, non-profit, and government boards and advisory councils, including Committee Chairmanships for Human Resources and Compensation. Annuncio • May 23
TD SYNNEX Corporation Introduces MSP Evolve TD SYNNEX has launched MSP Evolve, an aggregation of its resources and tools specifically designed to optimize operational excellence and accelerate business growth for the unique needs of managed service providers (MSPs). The program will initially be available for North American MSPs. MSP Evolve features a range of support, services, solutions and training programs to help streamline processes and provide cost-effective IT support to clients, including features within the global TD SYNNEX StreamOne® Cloud Platform. The platform enables the end-to-end digital journey of MSPs, accounting for how they acquire, integrate, purchase, manage, and bill solutions for their customers. StreamOne® provides its users with the ability to integrate best-of-breed tools via its open API architecture, including the newly enhanced PSA Connectors for ConnectWise and Autotask featuring automatic billing reconciliation. Other StreamOne® capabilities to help MSPs optimize and scale their cloud business include IaaS optimization tools, white label storefronts, access to real-time subscription and consumption dataand StreamOne® MSP Ready Solutions. MSP Evolve was launched to North American partners this week at TD SYNNEX’s Beyond Security event in Boston, MA and includes a variety of robust security services that solve a critical need for MSPs in mitigating the challenges related to cost, complexity, skills and resources. One of these resources is the Security Operations Center (SOC) Service, which provides continuous monitoring of IT infrastructure, as well as security audits, incident response planning, and reporting services. The program also includes valuable complimentary and paid cybersecurity assessments covering risk, vulnerability and cloud to help partners provide comprehensive assessments to their customers. MSP Evolve offers numerous features from foundational pieces through operational and technical services to guidance on business transformation. Annuncio • Apr 05
TD SYNNEX Corporation has completed a Follow-on Equity Offering. TD SYNNEX Corporation has completed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,309,299 Declared Dividend • Mar 28
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 11th April 2024 Payment date: 26th April 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 26
First quarter 2024 earnings released: EPS: US$1.96 (vs US$1.76 in 1Q 2023) First quarter 2024 results: EPS: US$1.96 (up from US$1.76 in 1Q 2023). Revenue: US$14.0b (down 7.6% from 1Q 2023). Net income: US$172.1m (up 3.9% from 1Q 2023). Profit margin: 1.2% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Annuncio • Mar 07
TD SYNNEX Launches TD SYNNEX Cloud Labs TD SYNNEX has launched TD SYNNEX Cloud Labs, a solution designed to accelerate the go-to-market process for vendors by providing a virtualized environment for Proof of Concept (PoC) demonstrations at cloud scale. TD SYNNEX Cloud Labs offers a virtualized environment that supports Independent Software Vendors (ISVs) to address the growing challenges faced by the industry in delivering flexible, scalable, and cost-efficient PoC environments. The visibility into product performance is specifically instrumental in validating purchasing decisions. Leveraging TD SYNNEX's global solutions aggregation and automation expertise, Cloud Labs serves as a simulated production environment, enabling vendors and partners within the IT channel to bring products to market faster and at scale through showcasing product features and services seamlessly to end users. Vendors are empowered with the flexibility to stand up the environment through any of the leading cloud providers. Additional Cloud Labs features and benefits include: Cost Efficiency: Eliminates the need for costly lab environments and infrastructure management, reducing resources needed for support and maintenance. Cloud Scalability: Provides flexibility and adaptability to virtual PoC and product demonstration processes. Time Savings: Shortens sales cycles, saving hours of time, and increasing ROI. Ease of Use: Enables vendors to create even the most complicated PoC environments with just a few clicks. Pay-per-Use Model: Vendors pay only for the resources used, optimizing cost-effectiveness. Annuncio • Mar 06
TD SYNNEX Corporation to Report Q1, 2024 Results on Mar 26, 2024 TD SYNNEX Corporation announced that they will report Q1, 2024 results Pre-Market on Mar 26, 2024 Annuncio • Feb 29
TD SYNNEX Corporation Announces Michael Urban Leaving the Company as President, Americas, effective July 1, 2024 On November 30, 2023, TD SYNNEX Corporation announced that Michael Urban, President, Americas, of the Company, will be leaving the Company following a transition period ending March 1, 2024. On February 28, 2024, the transition period was extended to July 1, 2024. Annuncio • Feb 06
TD SYNNEX Appoints Miriam Murphy as its New President, Europe TD SYNNEX announced the appointment of Miriam Murphy as the company’s new president, Europe. Murphy starts in her new role on April 8, 2024, and will be responsible for leading the company’s 7,000-strong European workforce, driving business strategy and operational execution in the region. She will report to Patrick Zammit, the chief operating officer, TD SYNNEX – who she succeeds as president, Europe – and she will serve on the company's global executive team. Murphy will lead the distributor’s European executive board, which consists of geo leaders, as well as executives responsible for strategic business units and support functions in the region. Murphy returns to TD SYNNEX following two years as chief executive officer, Europe at NTT Ltd. In this role, she held responsibility for the strategy and P&L for 14 countries, delivering technology solutions, consulting, and managed services to enterprise clients across multiple sectors. Prior to this, she served at TD SYNNEX for more than 20 years in various leadership roles, including senior vice president, Advanced and Specialized Solutions, Europe, and regional leader for Northern Europe among others. Murphy is a prominent advocate for diversity, equity and inclusion in the IT industry. In her previous stint at TD SYNNEX, she played an active role in helping to establish and advance the company's inclusion programs in Europe, supporting the creation of co-worker resource groups covering topics such as gender equity, disability, and LGBTQ issues. Annuncio • Jan 31
TD SYNNEX Corporation has completed a Follow-on Equity Offering in the amount of $770.125 million. TD SYNNEX Corporation has completed a Follow-on Equity Offering in the amount of $770.125 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,625,000
Price\Range: $101
Discount Per Security: $0.5 Annuncio • Jan 29
TD SYNNEX Corporation has filed a Follow-on Equity Offering. TD SYNNEX Corporation has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,625,000 Recent Insider Transactions • Jan 14
Executive Officer recently sold €473k worth of stock On the 11th of January, Michael Urban sold around 5k shares on-market at roughly €94.69 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months. Reported Earnings • Jan 10
Full year 2023 earnings released: EPS: US$6.77 (vs US$6.79 in FY 2022) Full year 2023 results: EPS: US$6.77 (down from US$6.79 in FY 2022). Revenue: US$57.6b (down 7.7% from FY 2022). Net income: US$626.9m (down 3.1% from FY 2022). Profit margin: 1.1% (up from 1.0% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Jan 06
TD SYNNEX Announces Upcoming Retirement of Duane Zitzner from Board of Directors TD SYNNEX announced the upcoming retirement of Duane Zitzner from its Board of Directors. Zitzner, who has served as a Director of TD SYNNEX since 2007, will retire from the Board when his current term of office expires, effective at TD SYNNEX’s 2024 Annual Meeting of Stockholders. Annuncio • Dec 20
TD SYNNEX Corporation to Report Q4, 2023 Results on Jan 09, 2024 TD SYNNEX Corporation announced that they will report Q4, 2023 results Pre-Market on Jan 09, 2024 Annuncio • Dec 12
TD SYNNEX Corporation Launches Global AI Enablement Journey for Microsoft 365 Copilot TD SYNNEX announced the launch of its Enablement Journey for Microsoft 365 Copilot, a first-of-its kind, comprehensive program designed to prepare partners for navigating the transformative AI-powered workplace productivity. Gartner predicts that in just two years, Generative AI will be a workforce partner for 90% of companies globally. One of the opportunities to capitalize on this trend is through Microsoft 365 Copilot, a powerful AI tool that can help partners and their SMB customers to enhance efficiency, foster innovation and boost productivity. To support this transformation, TD SYNNEX will provide resources that provide partners with early access to invaluable insights, sales and technical enablement and training as well as readiness tools and resources. Microsoft 365 Copilot is now part of TD SYNNEX'sDestination AI program, which is a comprehensive, strategic aggregation of the many TD SYNNEX AI services, solutions and resources available to help partners gain a competitive edge. First launched in North America, select features of Destination AI are now also available globally, including Microsoft 365 Copilot. By adding Copilot enablement to Destination AI, customers can access enablement as well as a wide range of AI applications and services that run on Microsoft 365 and Azure, such as computer vision, natural language processing and data analytics. The TD SYNNEX Enablement journey for Microsoft 365 Copilot consists of various resources and trainings, such as Copilot Practice Builder, Customer CloudLabs Experiences, and the "Get Ready for Copilot Workshop." Partners who complete the training can earn a badge to demonstrate their competencies around Copilot adoption. Through TD SYNNEX's unique Microsoft partnership, partners can gain a competitive edge in the SMB market through the training and enablement provided. Copilot also includes enterprise-grade security, privacy, compliance and responsible AI to ensure all data processing happens inside a Microsoft 365 tenant--using technology Microsoft 365 customers have relied on for years. Annuncio • Nov 10
TD SYNNEX Corporation to Report Q2, 2024 Results on Aug 29, 2024 TD SYNNEX Corporation announced that they will report Q2, 2024 results on Aug 29, 2024