other material
confidence high
sentiment positive
materiality 0.75
Flex Ltd. authorizes $2.0B share repurchase plan after shareholder approval
FLEX LTD.
- Board authorizes up to $2.0B share repurchase program; open-market purchases under Rule 10b-18.
- Shareholders approved renewal of Share Purchase Mandate for up to 20% of outstanding shares at AGM.
- All 9 director nominees re-elected; Michael E. Hurlston saw 70.5M against votes, highest opposition.
- Deloitte & Touche reappointed as auditors; executive compensation and share issuance authorization approved.