8-K

                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549
                                   FORM 8-K

    Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

   Date of Report (Date of earliest event reported)      July 28, 2003



                              MOLEX INCORPORATED
            (Exact name of registrant as specified in its charter)


        Delaware                       0-7491                36-2369491
___________________________     ____________________      ________________
(State or other jurisdiction      (Commission file        (IRS Employer
   of incorporation)                    number)          identification No.)





  2222 Wellington Court, Lisle, Illinois                        60532
  _____________________________________                     ___________

 (Address of principal executive offices)                    (Zip Code)



Registrant's telephone number, including area code         (630) 969-4550



















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Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

  (c) Exhibits


      This exhibit is furnished pursuant to Item 9 hereof and should not be
      deemed to be "filed" under the Securities Exchange Act of 1934.


      (99.1) Press release issued by Molex Incorporated dated July 28, 2003






Item 9.  Information Provided Under Item 12 (Results of Operations and
          Financial Condition)


On July 28, 2003, Molex Incorporated issued a press release announcing
that its Board of Directors has renewed its authorization to permit
certain discretionary stock purchases by the Company during its fiscal
year ending June 30, 2004. A copy of the press release is furnished as
Exhibit 99.1 to this Form 8-K.










                                   SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Date:  July 28, 2003                          MOLEX INCORPORATED
                                              ____________________
                                                  (Registrant)

                                  By:       /s/ ROBERT B. MAHONEY
                                            _______________________
                                            Robert B. Mahoney
                                            Executive Vice President, Treasurer
                                            and Chief Financial Officer




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Exhibit Index


Exhibit No.       Description

   99.1           Press release issued by Molex Incorporated on July 28,
                  2003 (furnished pursuant to Item 9)






































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EX-99

                                                                 EXHIBIT 99.1



                                                        Contact:  Neil Lefort
                                           Vice President, Investor Relations
                                                          Tel: (630) 527-4344


            MOLEX DIRECTORS RENEW STOCK REPURCHASE AUTHORIZATION


Lisle, IL, USA - July 28, 2003 - Molex Incorporated (NASDAQ: MOLX and MOLXA), a
global electronic components company, today announced that its Board of
Directors has renewed its authorization to permit certain discretionary stock
purchases by the Company.  The authorization allows the purchase of the
Company's outstanding Common Stock (MOLX) and/or Class A Common Stock (MOLXA)
during the fiscal year ending June 30, 2004 up to an aggregate value of $100
million.

During the year ended June 30, 2003, under a similar $100 million
authorization, the Company purchased 3.4 million shares of the Company's
(MOLXA) outstanding stock with a total purchase value of $75.0 million.
According to Fred A. Krehbiel, Co-Chairman, "The number of shares of stock
purchased during fiscal 2004, will depend upon various factors including the
relative price of the stock and future uses of cash including acquisitions."

Statements in this release that are not historical are forward-looking and are
subject to various risks and uncertainties that could cause actual results to
vary materially from those stated.  Certain of these risks and uncertainties
are set forth in Molex's 10-K and other documents filed with the Securities and
Exchange Commission and include economic conditions in various regions, product
and price competition and foreign currency exchange rate changes.  Molex does
not undertake to revise these forward-looking statements or to provide any
updates regarding information contained in this release resulting from new
information, future events or otherwise.

Molex Incorporated is a 65-year-old manufacturer of electronic, electrical and
fiber optic interconnection products and systems; switches; value-added
assemblies; and application tooling.  Based in Lisle, Illinois, USA, the
Company operates 55 manufacturing facilities in 19 countries and employs
approximately 17,275 people.





Editor's note:  Molex is traded on the NASDAQ National Market System in the
United States, on the London Stock Exchange and (MOLX) is included in the S&P
500 Index and the NASDAQ 100.