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Aug 15, 2005
Phoenix, AZ -- Avnet, Inc. (NYSE:AVT) today announced that it has commenced a cash tender offer for up to $250 million in aggregate principal amount of its outstanding 8.00% Notes due November 15, 2006. There is currently $400 million in principal amount of the 8.00% Notes outstanding. The tender offer will expire at 5:00 p.m., New York City ...
Aug 10, 2005
Phoenix, Arizona - Avnet, Inc. (NYSE:AVT) today reported revenues of $11.07 billion for fiscal 2005, ended July 2, 2005, up 8.0% over fiscal 2004 revenues of $10.24 billion. Net income for fiscal 2005 was $168.2 million, or $1.39 per share on a diluted basis, as compared with net income of $72.9 million, or $0.60 per share on a diluted basis in ...
Aug 9, 2005
PHOENIX -- Avnet Inc. (NYSE: AVT) announces the election of two new corporate officers, Fred J. Cuen and Steve Tepedino. Cuen currently serves as president of Avnet Technology Solutions, Americas, Partner Solutions division, and shares responsibility and accountability with Tepedino, president of Avnet Technology Solutions, America...
Aug 2, 2005
PHOENIX -- Avnet, Inc. (NYSE:AVT) has named Steve Phillips as senior vice president and chief information officer, replacing and reporting to Ed Kamins, who has moved into the role of chief operational excellence officer. Phillips came to Avnet with the July 2005 acquisition of Memec, where he had served as senior vice president and...
Jul 21, 2005
PHOENIX --Hollywood producers may not typically frequent corporate celebrations, but when Avnet Inc. (NYSE:AVT) marks its 50th anniversary as an incorporated company on Friday, July 22, Jon Avnet -- producer and director of more than 50 motion pictures and television shows -- will be there. Producer of the Tony Award-winning 'Spamalot' o...
Jul 5, 2005
Phoenix, Ariz. -- Avnet, Inc. (NYSE:AVT) today announced that it has completed its acquisition of Memec Group Holdings Limited ('Memec'), a leading global distributor specializing in semiconductors. Memec investors received a total of approximately 24.011 million shares of Avnet common stock plus approximately $64 million of cash. The purchas...
Jun 24, 2005
PHOENIX & SAN DIEGO -- Avnet Inc. (NYSE:AVT) ('Avnet') and Memec Group Holdings Ltd. ('Memec') announced today that the European Commission approved Avnet's proposed acquisition of privately held semiconductor distributor Memec. The acquisition, which was announced on April 26, 2005, has received all required regulatory approvals and the com...
Jun 6, 2005
PHOENIX -- Avnet Inc. (NYSE:AVT), a Phoenix-based company that maintains the principal listing of its common stock on the New York Stock Exchange, announced that it has received notice from the Securities and Exchange Commission approving Avnet's voluntary withdrawal application with the Pacific Stock Exchange to withdraw its common stock fro...
Jun 1, 2005
PHOENIX -- Avnet Inc. (NYSE:AVT) today announced Avnet will be presenting at the Thomas Weisel Partners Growth Forum 7.0. Ray Sadowski, Avnet's chief financial officer, will be presenting at the Thomas Weisel Partners Growth Forum 7.0 to be held at the Four Seasons Hotel in San Francisco on June 14, 2005, at 2:40 p.m. Pacific time....
May 31, 2005
PHOENIX -- Avnet Inc. (NYSE:AVT) ('Avnet') announced today the expiration of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act with respect to Avnet's proposed acquisition of Memec Group Holdings Limited ('Memec'). The company has also received regulatory approval notice regarding the Memec acquisition from the ...
May 11, 2005
PHOENIX -- Bill Chapman, senior vice president and chief technology officer of Avnet Inc. (NYSE:AVT), has been selected by CIO magazine as a recipient of its first formal recognition of standout, up-and-coming leaders in the information technology (IT) arena. The 'CIO Ones to Watch' award was created by the magazine to feature rising stars an...
May 2, 2005
PHOENIX -- Avnet Managed Technologies, the newly formed IT service business unit of Avnet Inc. (NYSE:AVT), has named Charlie Babb as vice president of sales and marketing. Babb is responsible for the planning, direction and performance of the sales and marketing initiative for Avnet Managed Technologies in serving the small and medium-sized b...
Apr 28, 2005
Phoenix, Arizona -- Avnet, Inc. (NYSE:AVT) today reported results for third quarter fiscal year 2005, which ended April 2, 2005. Revenue was $2.76 billion for the quarter, representing an increase of 4% over third quarter fiscal 2004 and a decrease of 4% sequentially following the Company's traditionally strong December quarter. Net income for t...
Apr 26, 2005
Avnet will Significantly Strengthen Position in Fast Growing Asia Region Acquisition Expands Global Footprint with Entry into Japan Market Transaction Expected to be Accretive to EPS Immediately After Closing Phoenix...
Apr 5, 2005
PHOENIX -- Avnet Inc. (NYSE:AVT) announced today that its third quarter fiscal year 2005 earnings announcement will be webcast live via the Internet at on Thursday, April 28, 2005. Avnet will issue a press release outlining its financial results followed by an interactive webcast at 2 p.m...
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Avnet, Inc. (NYSE: AVT)
41.65 + 0.24 (0.58%)
Updated: 4:01 PM ET on 2018-01-17
Volume: 463,211
Open: 41.58
Previous Close: 41.41
Day High: 41.86
Day Low: 41.38
52-Week High: 48.20
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