2006 99 106 114
2005 100 100 100
Arrow Electronics Peer Group S&P 500 Stock Index
2007 123 98 118
2008 59 53 72
2009 92 86 89
2010 107 104 101
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. 160 140 120 100 80 60 40 2005
2006
2007
2008
Arrow Electronics
Arrow Electronics Peer Group S&P 500 Stock Index
Peer Group
2006 99 100 114
2005 100 100 100
2009
2010
S&P 500 Stock Index
2007 123 115 118
2008 59 62 72
2009 92 116 89
2010 107 119 101
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 October 3 through 31, 2010 November 1 through 30, 2010 December 1 through 31, 2010 Total
(1)
Total Number of Shares Purchased(1) 91 1,382,038 2,438 1,384,567
Total Number of Shares Purchased as Average Part of Publicly Price Paid Announced Program(2) per Share $29.67 30.61 33.89
1,380,700 1,380,700
Approximate Dollar Value of Shares that May Yet be Purchased Under the Program $75,006,991 32,748,546 32,748,546
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.
22