February 28, 2017 / 12:15 PM / in 6 months

BRIEF-Avnet expands share repurchase program by $500 mln; raises dividend by 5.9 pct

Feb 28 (Reuters) - Avnet Inc

* Avnet expands share repurchase program by $500 million; increases dividend by 5.9%

* Avnet Inc says board of directors approved a 5.9% increase in quarterly cash dividend to $0.18 per share

* Avnet Inc - now has $675 million available for share repurchases when combined with prior authorizations Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below