|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.
Oct. 4, 2015 07:45 PM EDT Reads: 263
Oct. 4, 2015 07:15 PM EDT Reads: 206
Oct. 4, 2015 07:00 PM EDT Reads: 336
Oct. 4, 2015 06:45 PM EDT Reads: 557
Oct. 4, 2015 06:30 PM EDT Reads: 478
Oct. 4, 2015 06:30 PM EDT Reads: 618
Oct. 4, 2015 06:30 PM EDT Reads: 628
Oct. 4, 2015 06:30 PM EDT Reads: 714
Oct. 4, 2015 06:00 PM EDT Reads: 315
Oct. 4, 2015 06:00 PM EDT Reads: 724
Oct. 4, 2015 05:45 PM EDT Reads: 380
Oct. 4, 2015 05:15 PM EDT Reads: 279
As enterprises capture more and more data of all types – structured, semi-structured, and unstructured – data discovery requirements for business intelligence (BI), Big Data, and predictive analytics initiatives grow more complex. A company’s ability to become data-driven and compete on analytics depends on the speed with which it can provision their analytics applications with all relevant information. The task of finding data has traditionally resided with IT, but now organizations increasingl...
Oct. 4, 2015 04:00 PM EDT Reads: 361
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
Oct. 4, 2015 04:00 PM EDT Reads: 264
Clearly the way forward is to move to cloud be it bare metal, VMs or containers. One aspect of the current public clouds that is slowing this cloud migration is cloud lock-in. Every cloud vendor is trying to make it very difficult to move out once a customer has chosen their cloud. In his session at 17th Cloud Expo, Naveen Nimmu, CEO of Clouber, Inc., will advocate that making the inter-cloud migration as simple as changing airlines would help the entire industry to quickly adopt the cloud wit...
Oct. 4, 2015 02:30 PM EDT Reads: 380