Avnet (AVT) Raises Quarterly Dividend 5% to $0.21; Raises Buyback by $500M

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Go back to Avnet (AVT) Raises Quarterly Dividend 5% to $0.21; Raises Buyback by $500M

Avnet Expands Share Repurchase Authorization by $500M; Increases Dividend by 5% to $.21 per Share; and Announces Annual Shareholder Meeting

August 19, 2019 9:05 AM EDT

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions provider, today announced that on August 14, 2019, its Board of Directors approved an increase in Avnets current share repurchase authorization by $500 million. Avnet now has $675 million available for share repurchases when combined with prior... More