Are you still doing major share repurchases to offset your equity compensation plans?
Arrow Announces Share Repurchase "E:ARW) announced today the approval by the company's Board of Directors of the repurchase of $50 million of common stock through a share repurchase program. The company expects to repurchase shares to offset the dilution from the common stock issued in accordance with equity-based compensation plans.
This action will permit the company to repurchase 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 provide" http://bit.ly/f2egyc
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