# FLEX LTD. (FLEX) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_341b3e1c4cd8bc1adc9b · retrieved 2026-08-12T07:01:26.522Z

## Overview
Flex Ltd. is a printed circuit board and electronics manufacturing company.

Flex Ltd. announced shareholder approval for a share repurchase program authorizing the company to purchase up to 20% of its issued and outstanding Ordinary Shares. The Board of Directors has authorized management to continue the share repurchase plan in an aggregate amount not to exceed $2.0 billion. Share repurchases will be made in the open market in compliance with SEC Rule 10b-18, with timing and actual number of shares repurchased dependent on price, market conditions, and applicable legal requirements. The program does not obligate the company to repurchase any specific number of shares and may be suspended or terminated at any time without prior notice.

## Terms
- Deal value: $2.00B · Consideration: cash · Stake: 20%

## Key dates
- Announced 2026-08-07 · Vote 2026-08-05

## Timeline
- 2026-08-07 · 8-K (0000866374-26-000033): 8-K - FLEX LTD. — *Flex Ltd. is a printed circuit board and electronics manufacturing company.* Flex Ltd. announced shareholder approval for a share repurchase program authorizing the company to purchase up to 20% of its issued and outstanding Ordinary Shares. The Board of Directors has authorized management to continue the share repurchase plan in an aggregate amount not to exceed $2.0 billion. Share repurchases will be made in the open market in compliance with SEC Rule 10b-18, with timing and actual number of shares repurchased dependent on price, market conditions, and applicable legal requirements. The program does not obligate the company to repurchase any specific number of shares and may be suspended or terminated at any time without prior notice.
  https://www.sec.gov/Archives/edgar/data/866374/0000866374-26-000033.txt

## Citations
- 0000866374-26-000033 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000086637426000033