Celestica (CLS) priced an offering of 9,677,419 common shares at $310 apiece for about $3 billion in expected gross proceeds, the company said late Wednesday.

Underwriters have a 30-day overallotment option to purchase up to 1,451,612 additional shares.

Celestica expects the offering to close by Friday and plans to use the net proceeds for working capital and to support investments in capital expenditures, in addition to other general corporate purposes.