Avnet Boosts Receivables Facility to $700M, Extends Term to 2028
Tom Rudovsky · Reported by Wiseek News
More coverage: Technology
Sentiment
Positive
Importance
7
Price
$82.19
Mkt Cap
$6.741B
52W Low
$44.25
52W High
$95.26
52W Position
86% above low
Off High
14% below high
Rel. Volume
0.8× avg
Market data snapshot near publication time
AVT sits 86% above its 52-week low of $44.25.
Summary
Avnet has increased its receivables financing facility by $200 million, bringing the total capacity to $700 million, and extended its term to July 2028. This amendment, which follows an 8-K filing on July 3rd, enhances the company's liquidity and financial flexibility. The expanded facility provides additional working capital capacity for the electronic components distributor.
At the time of this announcement, AVT was trading at $82.19 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.7B. The 52-week trading range was $44.25 to $95.26. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.
Price Chart
AVT - Latest Insights
AVT
Jul 02, 2026, 9:07 PM EDT
Price at Filing:
$82.19
Real-time Price:
$86.30
Change:
+$4.11 (+5%)
Market Cap:
$7.072B
AVT
Apr 29, 2026, 8:04 AM EDT
Price at Filing:
$87.29
Real-time Price:
$86.30
Change:
-$0.990 (-1%)
Market Cap:
$7.072B
AVT
Apr 29, 2026, 8:04 AM EDT
Price at Filing:
$84.78
Real-time Price:
$86.30
Change:
+$1.52 (+2%)
Market Cap:
$7.072B
AVT
Jan 29, 2026, 5:35 PM EST
Price at Filing:
$63.85
Real-time Price:
$86.30
Change:
+$22.45 (+35%)
Market Cap:
$7.072B
AVT
Jan 28, 2026, 8:04 AM EST
Price at Filing:
$55.50
Real-time Price:
$86.30
Change:
+$30.80 (+55%)
Market Cap:
$7.072B