---
schema_version: "secwatch.filing_event.v1"
accession: "0000008858-25-000043"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:35:46.967940+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Avnet temporarily raises max leverage ratio to 5.00x through March 2026

## Summary
- Max consolidated leverage ratio increased from 4.00x to 5.00x for fiscal quarters ending Sep 2025 through Mar 2026.
- Ratio steps down to 4.50x for fiscal quarter ending Jun 2026, returning to 4.00x thereafter.
- During relief period, Avnet may continue ordinary-course dividends (no increase) and repurchase up to $100M of common stock.
- Restricted payments otherwise prohibited until leverage ratio returns to 4.00x.

## SEC filing metadata
- accession: 0000008858-25-000043
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2025-08-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8858/000000885825000043/0000008858-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000000885825000043/avt-20250828x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008858-25-000043
- JSON: https://secwatch.observer/filing/0000008858-25-000043.json
- Plain text: https://secwatch.observer/filing/0000008858-25-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.