Electronic components distributor Arrow Electronics Inc. (NYSE: ARW) of Centennial, Colorado, reported fourth-quarter 2021 sales of $9.02 billion, an increase of 7% over the $8.45 billion reported for the same period in 2020. Arrow’s 4Q net income was $371 million, or $5.26 per share on a diluted basis, compared with net income of $236 million, […]
Category: Arrow Electronics
Arrow Approves $600M Stock Repurchase
The board of directors for electronic components distributor Arrow Electronics Inc. (NYSE: ARW) approved a plan to buy up to an additional $600 million of common stock through a share repurchase program. Since the fourth quarter of 2016, the company has repurchased approximately $2 billion worth of shares.’’ “Our growth, profitability, and the effective management […]
