Welcome to our dedicated page for Avnet news (Ticker: AVT), a resource for investors and traders seeking the latest updates and insights on Avnet stock.
Avnet, Inc. (Nasdaq: AVT) is a global technology distributor and solutions provider that regularly issues news and updates related to its operations in business-to-business electronic markets. As a company that supports customers and suppliers at every stage of the product lifecycle, from idea and design through prototyping and production, Avnet frequently reports on financial performance, capital allocation decisions and participation in investor events.
News for AVT commonly includes quarterly and annual financial results, where Avnet discusses sales, earnings, segment performance for its Electronic Components and Farnell businesses, and regional trends across the Americas, EMEA and Asia. These releases often highlight non-GAAP financial measures, cash flow from operations and commentary from management on market conditions and business outlook.
Investors following Avnet’s news can also expect announcements about dividends and share repurchases, such as board approvals of regular quarterly cash dividends and changes in dividend levels, as well as disclosures about repurchases of common stock under the company’s share repurchase program. In addition, Avnet issues press releases on financing activities, including the issuance and pricing of convertible senior notes and amendments to credit agreements.
The AVT news flow further includes information on upcoming and completed investor conferences, earnings call schedules and webcasts, and other corporate developments disclosed through press releases and related Form 8-K filings. For investors, analysts and other market participants, this news page provides a centralized view of Avnet’s public communications about its financial condition, strategic financing actions and ongoing engagement with the investment community.
Avnet (Nasdaq: AVT) has announced the pricing of its upsized $550.0 million convertible senior notes offering due 2030, increased from the initially announced $500.0 million. The notes will bear interest at 1.75% annually, with an initial conversion price of $70.27 per share, representing a 35% premium over the last reported share price of $52.05.
The company expects net proceeds of approximately $535.3 million (or $632.8 million if the initial purchasers exercise their additional notes option). Avnet plans to use $100.0 million to repurchase about 1.92 million shares of its common stock and the remaining proceeds to repay a portion of its revolving credit facility debt.
Avnet (Nasdaq: AVT) has announced plans to offer $500 million in Convertible Senior Notes due 2030 through a private offering to qualified institutional buyers. The company will also grant initial purchasers an option for an additional $75 million in notes.
The notes will be senior unsecured obligations maturing on September 1, 2030. Avnet will satisfy conversion obligations by paying cash up to the aggregate principal amount, with any remainder paid in cash, common stock, or a combination thereof. The company plans to use the proceeds to repurchase approximately $100 million of its common stock and repay a portion of its revolving credit facility.
Avnet (Nasdaq: AVT), a leading global technology solutions provider, has announced a 6% increase in its quarterly cash dividend to $0.35 per share. The dividend will be paid on September 26, 2025, to shareholders of record as of September 17, 2025.
CEO Phil Gallagher emphasized that this increase reflects the Board's confidence in Avnet's financial position, highlighting the company's strong operating cash flow that enables both shareholder returns and support for long-term growth strategies.
Avnet (Nasdaq: AVT) reported its Q4 and fiscal 2025 results, with quarterly sales of $5.6 billion and diluted EPS of $0.07 ($0.81 adjusted). The company saw positive performance in Asia with four consecutive quarters of year-over-year growth, while Farnell returned to growth in both sales and operating margins.
Q4 highlights include $139 million operating cash flow, $50 million in share repurchases, and $28 million in dividends. For fiscal 2025, Avnet generated total sales of $22.2 billion, with $725 million in operating cash flow and significant shareholder returns through $301 million in share repurchases and $113 million in dividends.
Looking ahead, Avnet projects Q1 fiscal 2026 sales between $5.55-5.85 billion with adjusted EPS guidance of $0.75-0.85, expecting growth across all regions.
Avnet (Nasdaq: AVT), a global technology solutions provider, announced its participation in the upcoming KeyBanc Technology Leadership Forum. The company will hold a fireside chat presentation on August 12, 2025, at 3:30 p.m. MT. Management will engage with investors during the conference, and both live and archived webcasts will be accessible through Avnet's Investor Relations website.
Avnet (Nasdaq: AVT), a global technology solutions company, has scheduled two important corporate events. The company will release its fourth quarter and fiscal year 2025 financial results on August 6, 2025, before market opening, followed by a webcast and conference call at 9:00 a.m. PT / Noon ET featuring CEO Phil Gallagher and CFO Ken Jacobson.
Additionally, Avnet's Annual Meeting of Shareholders is set for November 21, 2025 at 8:00 a.m. at the company's Phoenix headquarters. The record date for shareholder voting eligibility is September 22, 2025.
Avnet (NASDAQ: AVT), a global technology solutions provider, has announced a quarterly cash dividend of $0.33 per share. The dividend is scheduled to be paid on June 18, 2025, to shareholders who are on record as of the close of business on June 4, 2025. This regular quarterly dividend declaration demonstrates Avnet's commitment to providing consistent returns to its shareholders.
Avnet reported its Q3 2025 financial results with sales of $5.3 billion and diluted earnings per share of $1.01. The company's adjusted diluted EPS was $0.84, compared to $1.10 in the prior year quarter.
Key highlights include:
- Operating income margin of 2.7%, down from 3.4% year-over-year
- Generated $141 million in cash flow from operations
- Returned $101 million to shareholders through share repurchases
- Paid $28 million in dividends
Geographically, Asia showed growth for the third consecutive quarter, with sales up 13%. However, EMEA sales declined 24.1%, and Americas sales dropped 9.2%. Looking ahead, Avnet projects Q4 2025 sales between $5.15B-$5.45B with adjusted diluted EPS guidance of $0.65-$0.75.
Avnet (AVT), a global technology solutions company, has scheduled its third quarter fiscal year 2025 earnings release for April 30, 2025 before market opening. The company will host a webcast and conference call at 9:00 a.m. PT / Noon ET on the same day, featuring CEO Phil Gallagher and CFO Ken Jacobson to discuss financial results and provide a corporate update.
Investors can participate in the live call by dialing 877-407-8112 or 201-689-8840. The webcast and accompanying slides will be accessible through Avnet's Investor Relations website at www.ir.avnet.com. An audio replay will be available post-call and archived on the website for one year.
Avnet (Nasdaq: AVT) has announced that its Board of Directors has approved a regular quarterly cash dividend of $0.33 per share. The dividend will be distributed to shareholders of record as of March 5, 2025, with the payment scheduled for March 19, 2025. This announcement comes from the global technology solutions provider based in Phoenix.