|By Business Wire||
|May 21, 2014 06:07 PM EDT||
Arrow Electronics, Inc. (NYSE:ARW) announced today the approval by the company’s Board of Directors of the repurchase of up to an additional $200 million of common stock through a share repurchase program. The company has spent approximately $1 billion on share repurchases since the beginning of 2010.
This action will permit the company to continue repurchasing shares of its common stock as market and business conditions warrant. The program can be terminated at any time. The company may enter into Rule 10b5-1 plans to facilitate repurchases under the program. A Rule 10b5-1 plan would generally permit the company to repurchase shares at times when it might otherwise be prevented from doing so under certain securities laws.
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 58 countries.
Aug. 30, 2015 01:30 PM EDT Reads: 208
Aug. 30, 2015 01:30 PM EDT Reads: 173
Aug. 30, 2015 01:00 PM EDT Reads: 265
Aug. 30, 2015 12:00 PM EDT Reads: 255
Aug. 30, 2015 11:00 AM EDT Reads: 163
Aug. 30, 2015 10:30 AM EDT Reads: 426
Aug. 30, 2015 10:30 AM EDT Reads: 864
Aug. 30, 2015 10:15 AM EDT Reads: 211
Aug. 30, 2015 10:00 AM EDT Reads: 328
Aug. 30, 2015 10:00 AM EDT Reads: 217
Aug. 30, 2015 09:45 AM EDT Reads: 182
Aug. 30, 2015 09:15 AM EDT Reads: 605
Aug. 30, 2015 09:15 AM EDT Reads: 434
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
Aug. 30, 2015 08:45 AM EDT Reads: 158
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
Aug. 30, 2015 08:45 AM EDT Reads: 568