Celestica prices $3 billion share sale at $310 apiece

The data center infrastructure supplier is selling 9,677,419 common shares, with proceeds earmarked for working capital, capital expenditures and other corporate needs ahead of an expected Aug. 7, 2026 close.

Summary

Celestica priced its previously announced equity offering at 9,677,419 common shares at $310 each, setting up $3 billion of gross proceeds before underwriting discounts and offering expenses as the data center infrastructure supplier raises fresh capital. The company granted underwriters a 30-day option to buy up to an additional 1,451,612 common shares from the date of the final prospectus supplement. Net proceeds are slated for working capital, capital expenditures and other general corporate purposes, with closing expected on or about Aug. 7, 2026, subject to customary conditions and the listing of the new shares on the New York Stock Exchange and Toronto Stock Exchange; BofA Securities and Citigroup are joint lead bookrunners and TD Securities is bookrunner for the deal.

Terms & Concepts
  • gross proceeds: The total amount an offering is expected to raise before fees and expenses are deducted.
  • prospectus supplement: A filing that adds deal-specific details to a broader securities prospectus.
  • bookrunners: The banks that organize, market and help distribute securities in an offering.