Flextronics (FLEX) Reports Shareholder Approval For Additional Share Repurchases

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Go back to Flextronics (FLEX) Reports Shareholder Approval For Additional Share Repurchases

Flex Receives Approval For Additional Share Repurchases

August 18, 2017 4:05 PM UTC

SAN JOSE, Calif., Aug. 18, 2017 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that on August 15, 2017, it received shareholder approval to purchase up to 20% of its outstanding shares.  Since the beginning of fiscal 2012 through the first quarter ended June 30, 2017, the Company repurchased approximately 298.8 million shares for approximately $2.6 billion and retired all of these shares.

Under the Company's current... More