Avnet (AVT) Raises Quarterly Dividend 5.3% to $0.20; Approves $500M Buyback
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Avnet Expands Share Repurchase Authorization by $500 Million; Increases Dividend by 5.3% to $0.20 per Share
August 29, 2018 8:50 AM EDTPHOENIX--(BUSINESS WIRE)-- Avnet (Nasdaq:AVT), a leading global technology solutions provider, today announced that the Board of Directors approved an expansion of the companys current share repurchase authorization by $500 million. Avnet now has $722 million available for share repurchases when combined with prior authorizations.
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