Anixter International Inc. Announces 1M Share Repurchase Program

Anixter International Inc. AXE today announced a share repurchase program under which the Company may repurchase up to 1 million of its outstanding shares with the exact volume and timing dependent on market conditions. Anixter noted that all previously announced share repurchase programs had been completed. Anixter currently has approximately 33.5 million shares outstanding.