Arrow Electronics upsizes asset securitization program Arrow Electronics announced that the company has amended its asset securitization program, extending maturity to March 2017 and increasing capacity to $900M. The program previously matured in December and totaled $775M. The program is led by Bank of America, as administrative agent.
Arrow Electronics announces additional $200M share repurchase program Arrow Electronics announced the approval by the company’s board of directors of the repurchase of up to an additional $200M of common stock through a share repurchase program. The company has spent approximately $1.2B on share repurchases since the beginning of 2010 and this action will permit the company to continue repurchasing shares of its common stock as market and business conditions warrant.