Arrow Electronics 2010 Annual Report Download - page 24

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22
2005 2006 2007 2008 2009 2010
Arrow Electronics 100 99 123 59 92 107
Peer Group 100 106 98 53 86 104
S&P 500 Stock Index 100 114 118 72 89 101
The companies included in the below graph for the old Peer Group are Avnet, Inc., Ingram Micro Inc., Nu
Horizons Electronics Corp., and Tech Data Corporation.
40
60
80
100
120
140
160
2005 2006 2007 2008 2009 2010
Arrow Electronics Peer Group S&P 500 Stock Index
2005 2006 2007 2008 2009 2010
Arrow Electronics 100 99 123 59 92 107
Peer Group 100 100 115 62 116 119
S&P 500 Stock Index 100 114 118 72 89 101
Unregistered Sales of Equity Securities and Use of Proceeds
In March 2010, the company announced its Board of Directors (the "Board") approved the repurchase of
up to $100 million of the company's common stock through a share-repurchase program. In July 2010,
the company's Board approved an additional repurchase of up to $100 million of the company's common
stock (collectively, the "2010 Share Repurchase Programs").
The following table shows the share-repurchase activity for the quarter ended December 31, 2010:
Month
Total
Number of
Shares
Purchased(1)
Average
Price Paid
per Share
Total Number of
Shares
Purchased as
Part of Publicly
Announced
Program(2)
Approximate Dollar
V
alue of Shares that
May Yet be
Purchased Under
the Program
October 3 through 31, 2010 91 $29.67 - $75,006,991
November 1 through 30, 2010 1,382,038 30.61 1,380,700 32,748,546
December 1 through 31, 2010 2,438 33.89 - 32,748,546
Total 1,384,567 1,380,700
(1) Includes share repurchases under the 2010 Share Repurchase Programs and those associated
with shares withheld from employees for stock-based awards, as permitted by the plan, in order
to satisfy the required tax withholding obligations.