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Avnet Inc (AVT.N)

AVT.N on New York Stock Exchange

39.42USD
2:03am IST
Change (% chg)

$0.28 (+0.72%)
Prev Close
$39.14
Open
$39.20
Day's High
$39.45
Day's Low
$39.01
Volume
86,102
Avg. Vol
265,742
52-wk High
$51.17
52-wk Low
$35.68

Latest Key Developments (Source: Significant Developments)

Avnet expands share repurchase program by $200 mln
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Avnet Inc :Avnet expands share repurchase program by $200 million; declares regular quarterly dividend.Avnet Inc - ‍Avnet now has approximately $500 million available for share repurchases​.  Full Article

AVNET REPORTS FIRST QUARTER FISCAL 2018 RESULTS
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Avnet Inc :AVNET REPORTS FIRST QUARTER FISCAL 2018 RESULTS.Q1 SALES $4.7 BILLION VERSUS I/B/E/S VIEW $4.34 BILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.10 TO $3.60.SEES Q2 2018 ADJUSTED EARNINGS PER SHARE $0.67 TO $0.77.Q1 EARNINGS PER SHARE $0.47 FROM CONTINUING OPERATIONS.SEES FY 2018 SALES $18.1 BILLION TO $18.5 BILLION.SEES Q2 2018 SALES $4.25 BILLION TO $4.55 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $0.76 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE VIEW $0.71 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $0.73, REVENUE VIEW $4.29 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.28, REVENUE VIEW $17.57 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Avnet expands interconnect and power portfolio with Bel Fuse franchise agreement
Wednesday, 19 Apr 2017 

April 19 (Reuters) - Avnet Inc ::Expands interconnect and power portfolio with new global Bel Fuse franchise agreement.  Full Article

Premier Farnell says European Commission clears Avnet deal
Friday, 7 Oct 2016 

Premier Farnell Plc :European Commission yesterday adopted a decision declaring acquisition to be compatible with common market.  Full Article

Avnet says Premier Farnell deal cleared in Israel
Friday, 23 Sep 2016 

Avnet Inc :Announces Israeli Acting Antitrust Commissioner has approved acquisition by Bidco of Premier Farnell.  Full Article

Avnet says its receivables purchase agreement amended
Friday, 19 Aug 2016 

Avnet Inc : Says entered into amendment No. 9 to second amended and restated receivables purchase agreement - SEC filing . Amendment decreases amount of receivables in which co may sell undivided interest, on revolving basis, from $900 million to $800 million .Amendment extends expiration date of accounts receivable program to august 19, 2018.  Full Article

Avnet reports Q4 earnings per share $0.75
Wednesday, 10 Aug 2016 

Avnet Inc : Avnet reports fourth quarter and fiscal year 2016 results . Q4 earnings per share $0.75 . Sees Q1 2017 adjusted earnings per share $0.84 to $0.94 . Sees Q1 2017 EM sales are expected to be in range of $3.9 billion to $4.2 billion . Sees Q1 2017 TS sales are expected to be in range of $1.9 billion to $2.2 billion . Q1 2017 earnings per share view $0.86, revenue view $6.14 billion -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.86 . Q4 sales $6.2 billion versus I/B/E/S view $6.21 billion . Sees Q1 2017 sales $5.8 billion to $6.4 billion .Q4 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.  Full Article

Fitch says Avnet's ratings unaffected by potential Premier Farnell deal
Tuesday, 2 Aug 2016 

Fitch:Fitch: Avnet's ratings unaffected by potential Premier Farnell acquisition.  Full Article

Avnet says entered into a senior unsecured bridge credit agreement
Friday, 29 Jul 2016 

Avnet Inc : Says On July 27, 2016 entered Into A Senior Unsecured Bridge Credit Agreement With Bank Of America, N.A - SEC filing . Credit agreement provides for a single borrowing of tranche a-1 bridge loans of up to £557.0 million, tranche b bridge loans of up to $250.0 million .2 bridge loans of up to £150.0 million.  Full Article

Dialog Semiconductor takes distribution agreement global with Avnet
Wednesday, 20 Jul 2016 

Dialog Semiconductor Plc: Dialog Semiconductor takes distribution agreement global with avnet (news with additional features) .Avnet will distribute Dialog's complete portfolio of Semiconductor standard products worldwide.  Full Article

BRIEF-Avnet expands share repurchase program by $200 mln

* Avnet expands share repurchase program by $200 million; declares regular quarterly dividend