AVT · Avnet Inc · Documents
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Avnet entered a credit agreement amendment on October 13, 2026, increasing aggregate commitments by $1,000,000,000 to $2,750,000,000, allowing $1,000,000,000 in additional commitments and eliminating the SOFR credit spread adjustment.
Avnet will seek shareholder approval on November 20, 2026 to elect ten directors, hold an advisory compensation vote, ratify PricewaterhouseCoopers LLP, and establish a 25% special-meeting threshold; the board opposes a shareholder alternative at 10%.
Avnet reported sales of $27,632.7 million for 2026, compared with $22,200.8 million in 2025, and approximately 15,040 employees across 48 countries as of June 27, 2026.
Avnet, Inc. will ask shareholders at the November 20, 2026 annual meeting to elect directors, approve executive compensation, ratify PricewaterhouseCoopers LLP, and support a 25% special-meeting threshold, while opposing a 10% threshold.