Arrow Electronics Board Approves Additional $200 Mln Share Repurchase Program

Arrow Electronics Signs Global Distribution Agreement With Critical Link

Arrow Electronics To Present At Raymond James Conference; Webcast At 1:05 PM ET

Trade ARW now with

2/19/2013 8:10 AM ET

Arrow Electronics, Inc. (ARW: Quote) Tuesday said it has received approval from its Board of Directors for repurchasing up-to additional $200 million of common stock through a share repurchase program.

The program can be terminated at any time. The company may enter into Rule 10b5-1 plan, which generally permits the company to repurchase shares at times when it might otherwise be prevented from doing so under certain securities laws.

Click here to receive FREE breaking news email alerts for Arrow Electronics Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 349 Articles

Editors Pick

Thailand Cuts 2013 GDP Outlook As Q1 Growth Slows More Than Expected

Thailand lowered its full-year growth outlook after weaker domestic demand and exports weighed on economic activity in the first three months of the year. Gross domestic product expanded 5.3 percent year-on-year in the first quarter of 2013 compared to an upwardly revised 19.1 percent growth in the fourth quarter of 2012, the National Economic and Social Development Board (NESDB) said Monday.

U.K. House Prices Hit Record High: Rightmove

The fifth consecutive monthly increase in the U.K. house prices amid limited supply took average asking prices to a record, a survey by Rightmove showed Monday. House prices hit a record GBP 249,841 in May, as new sellers raised their prices by 2.1 percent from the prior month. Prices were up by the same magniture in April.

Japan Upgrades Economic View Amid Export Recovery

The Japanese government on Monday upgraded its assessment of the economy for the first time in two months, as a weak yen helped revive the country's exports and factory output. "The Japanese economy is picking up slowly," the Cabinet Office said in its May monthly report. This was an upgrade from previous month's assessment when it said that economy was showing signs of picking up.