Arrow Electronics, Inc. (ARW) on Wednesday said its board has approved a new share repurchase program of up to $1 billion, effective May 12, 2026, replacing the current plan.
Shares of Arrow Electronics, which sources and engineers technology solutions for manufacturers and service providers, rose more than 2% in pre-market trading after closing at $201.46 on Tuesday.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.