Top 100 Computer Companies
Anixter Adds to Share
SKOKIE, IL, February 24, 1999 -- Anixter International Inc. (NYSE:AXE)
today announced that it has authorized the repurchase of up to 1 million shares of its
outstanding common stock.
The Company currently has approximately 42 million shares outstanding.
Founded in 1957, Anixter International is the worlds leading distributor of
communications products, serving customers from 180 locations in 40 countries.
Safe Harbor Statement
The statements in this release that use such words as "believe,"
"expect," "intend," "anticipate," "contemplate,"
"estimate," "plan," "should," "may," or similar
expressions are forward-looking statements. These statements are subject to a number of
factors that could cause the companys actual results to differ materially from what
is indicated here. These factors include general economic conditions, technology changes,
changes in supplier or customer relationships, exchange rate fluctuations, new or changed
competitors, and the receipt of regulatory approvals and the completion of its sale of
North American Network Integration operations.