Avnet (AVT) Raises Quarterly Dividend 5.9% to $0.18; Approves $500M Buyback

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Avnet Expands Share Repurchase Program by $500 Million; Increases Dividend by 5.9%

February 28, 2017 7:00 AM EST

Builds upon its disciplined share repurchase and dividend programs, while transforming the company to support customers at every stage of the product lifecycle

PHOENIX--(BUSINESS WIRE)-- Avnet (NYSE:AVT) announced today that its Board of Directors approved an expansion of the companys current share repurchase authorization by $500 million. Avnet now has $675 million available for share... More