8-K filed Aug 7, 2026
Flex authorizes $2B for stock buybacks
“The Company announced that it has received shareholder approval to purchase up to 20% of the Company’s issued and outstanding Ordinary Shares, and the Company’s Board of Directors has authorized management to continue its share repurchase plan for the Company’s issued Ordinary Shares in an aggregate amount not to exceed $2.0 billion.”
From Flex Ltd.’s 8-K filed Aug 7, 2026 · read the filing · all documents
How big is it?
Flex bought back $697M of stock in the twelve months to Jun 26, 2026. At that pace, $2.0B covers about 2.9 years of buybacks.
The amount equals 242% of its free cash flow over the same twelve months ($826M).
Its diluted share count is down 1.8% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '23 | $309M |
| Q4 '23 | $275M |
| Q1 '24 | $517M |
| Q2 '24 | $457M |
| Q3 '24 | $300M |
| Q4 '24 | $201M |
| Q1 '25 | $299M |
| Q2 '25 | $247M |
| Q3 '25 | $297M |
| Q4 '25 | $200M |
| Q1 '26 | $200M |
| Q2 '26 | $0 |