Flex Ltd. authorizes $1.7B share repurchase; directors re-elected

FLEX LTD.

Board authorized up to $1.7 billion in open-market share repurchases under renewed mandate from shareholders.
All nine director nominees re-elected, including CEO Revathi Advaithi with 348.4M votes for.
Deloitte & Touche LLP reappointed as independent auditor for fiscal 2025; compensation of NEOs approved on advisory basis.
General authorization to allot and issue ordinary shares approved by shareholders.
Share repurchase plan permits up to 20% of outstanding shares; timing depends on market conditions.

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