CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced today the approval by the company’s Board of Directors of the repurchase of up to an additional $400 million of common stock through a share repurchase program. The company has spent approximately $1.4 billion on share repurchases since the beginning of 2010. “Arrow’s capital allocation priorities continue to be organic investments that accelerate our growth, accretive acquisitions that expand our capabilities and