Celestica prices $3 billion equity offering at $310 per share

Celestica Inc. (NYSE: CLS) (TSX: CLS) has priced an equity offering of 9,677,419 common shares at $310 per share, with gross proceeds expected to reach $3 billion before underwriting discounts and expenses.

The Toronto-based company has also granted underwriters a 30-day option to purchase up to an additional 1,451,612 common shares. The offering is expected to close on or about August 7, 2026, subject to customary closing conditions, including the listing of the additional shares on the New York Stock Exchange and the Toronto Stock Exchange.

Celestica said net proceeds are expected to be used for working capital, capital expenditure investments, and other general corporate purposes.

BofA Securities and Citigroup are acting as joint lead bookrunners, with TD Securities serving as bookrunner for the offering.

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