Arrow Electronics, Inc Buyback
OLI recorded this information on 12/14/2016
Arrow Electronics, Inc
Arrow Electronics, Inc. (NYSE:ARW) announced today the approval by the company's Board of Directors of the repurchase of up to an additional $400 million of common stock through a share repurchase program. The company has spent approximately $1.4 billion on share repurchases since the beginning of 2012.
Arrow Electronics is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Co.'s business segments include: Global Components, which markets and distributes electronic components and provides customers with the ability to deliver the technologies to the market through design engineering, global marketing and integration, global logistics, and supply chain management; and Global Enterprise Computing Solutions, which provides computing solutions and services including data-center, cloud, security, and analytics solutions.
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Hold (2.00 out of 4)