Arrow Electronics Announces Additional $200 Million Share Repurchase Program

  Arrow Electronics Announces Additional $200 Million Share Repurchase Program

Business Wire

ENGLEWOOD, Colo. -- May 21, 2014

Arrow Electronics, Inc. (NYSE:ARW) announced today the approval by the
company’s Board of Directors of the repurchase of up to an additional $200
million of common stock through a share repurchase program. The company has
spent approximately $1 billion on share repurchases since the beginning of
2010.

This action will permit the company to continue repurchasing shares of its
common stock as market and business conditions warrant. The program can be
terminated at any time. The company may enter into Rule 10b5-1 plans to
facilitate repurchases under the program. A Rule 10b5-1 plan would generally
permit the company to repurchase shares at times when it might otherwise be
prevented from doing so under certain securities laws.

Arrow Electronics (www.arrow.com) is a global provider of products, services
and solutions to industrial and commercial users of electronic components and
enterprise computing solutions. Arrow serves as a supply channel partner for
more than 100,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of more than 460 locations in 58
countries.

Contact:

Arrow Electronics, Inc.
Steven O’Brien, 303-824-4544
Director, Investor Relations
or
Paul J. Reilly, 631-847-1872
Executive Vice President, Finance and Operations, &
Chief Financial Officer
or
Media:
John Hourigan, 303-824-4586
Vice President, Global Communications
 
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