--- schema_version: "secwatch.filing_event.v1" accession: "0000866374-23-000060" form_type: "8-K" ticker: "FLEX" cik: "0000866374" company_name: "FLEX LTD." filed_at: "2023-08-07T23:59:59+00:00" generated_at: "2026-06-12T05:22:42.052641+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Flex Ltd. shareholders approve $2B buyback, 16.3M share equity plan increase ## Summary - Board authorized up to $2B share repurchase program after shareholder approval of purchase mandate for up to 20% of outstanding shares. - Shareholders approved amendment to 2017 equity plan, increasing authorized shares by 16.3M. - All 10 director nominees re-elected; Deloitte & Touche reappointed as auditor for FY2024. - Advisory say-on-pay approved with 371M votes for; annual frequency adopted. - General authorization to allot and issue ordinary shares also approved. ## SEC filing metadata - accession: 0000866374-23-000060 - form_type: 8-K - ticker: FLEX - cik: 0000866374 - company_name: FLEX LTD. - filed_at: 2023-08-07T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 5.02, 5.07, 8.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/flex-20230802.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000866374-23-000060 - JSON: https://secwatch.observer/filing/0000866374-23-000060.json - Plain text: https://secwatch.observer/filing/0000866374-23-000060.txt ## Key facts - Shareholder Votes FLEX LTD. shareholders approved Resolution to approve the amendment and restatement of the Flex Ltd. 2017 Equity Incentive Plan at the 2023-08-02 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-08-02 source text: The shareholders approved the amendment and restatement of the Flex Ltd. 2017 Equity Incentive Plan. evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - Shareholder Votes FLEX LTD. shareholders approved Renewal of the Share Purchase Mandate permitting the Company to purchase or otherwise acquire up to 20% of its own issued and outstanding Ordinary Shares as of the date of the Annual General Meeting at the 2023-08-02 meeting. - Outcome: passed - Meeting: 2023-08-02 source text: The shareholders approved the renewal of the Company’s Share Purchase Mandate permitting the Company to purchase or otherwise acquire up to 20% of its own issued and outstanding Ordinary Shares as of the date of the Annual General Meeting. evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - Shareholder Votes FLEX LTD. shareholders approved Re-appointment of Deloitte & Touche LLP as the Company's independent auditors for the 2024 fiscal year and to authorize the Board of Directors, upon the recommendation of the Audit Committee of the Board of Directors, to fix their remuneration at the 2023-08-02 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-08-02 source text: Watkins 377,929,775 5,782,357 310,992 23,994,079 Broker For Against Abstain Non-Votes Re-appointment of Deloitte & Touche LLP 387,662,312 20,032,716 322,175 — as the Company's independent auditors for the 2024 fiscal year and to authorize the Board of Directors, upon the recommendation of the Audit Committee of the Board of Directors, to fix their remuneration Broker For Against Abstain Non-Votes Non-binding, advisory resolution relating to 371,039,221 8,111,433 4,872,470 23,994,079 the compensation of the Company's named executive officers 1 Year 2 Years 3 Years Abstain Non-binding, advisory resolution relating to the 373,864,751 121,931 9,722,524 313,918 frequency of the non-binding, advisory vote on the compensation of the Company’s named executive officers Based on the results of the vote on the proposal regarding the non-binding, advisory resolution relating to the frequency of the evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - Shareholder Votes FLEX LTD. shareholders approved Non-binding, advisory resolution relating to the compensation of the Company's named executive officers at the 2023-08-02 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-08-02 source text: The shareholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - Shareholder Votes FLEX LTD. shareholders approved Non-binding, advisory resolution relating to the frequency of the non-binding, advisory vote on the compensation of the Company's named executive officers (Every One Year) at the 2023-08-02 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-08-02 source text: The shareholders approved, on a non-binding, advisory basis, “Every One Year” as their preferred frequency for holding future advisory votes on the compensation of the Company’s named executive officers. evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - Shareholder Votes FLEX LTD. shareholders approved General authorization for the Board of Directors to allot and issue Ordinary Shares at the 2023-08-02 meeting. - Outcome: passed - Meeting: 2023-08-02 source text: The shareholders approved a general authorization for the Company’s Board of Directors to allot and issue Ordinary Shares. evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm - Shareholder Votes FLEX LTD. shareholders approved Election of ten (10) nominees for director at the 2023-08-02 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-08-02 source text: The shareholders re-elected the ten (10) nominees for director. evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637423000060/0000866374-23-000060-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.