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Flex Approves Share Repurchase Plan at AGM

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Flex Approves Share Repurchase Plan at AGM

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Flex ( (FLEX) ) just unveiled an update.

On August 6, 2025, Flex Ltd. held its 2024 Annual General Meeting, where shareholders re-elected nine directors, re-appointed Deloitte & Touche LLP as auditors for the 2026 fiscal year, and approved executive compensation and share issuance authorizations. Additionally, shareholders approved a mandate allowing Flex to repurchase up to 20% of its outstanding shares, with the Board authorizing a share repurchase plan up to $1.7 billion, subject to market conditions and legal requirements.

The most recent analyst rating on (FLEX) stock is a Buy with a $49.00 price target. To see the full list of analyst forecasts on Flex stock, see the FLEX Stock Forecast page.

Spark’s Take on FLEX Stock

According to Spark, TipRanks’ AI Analyst, FLEX is a Outperform.

Flex demonstrates strong operational efficiency and robust earnings growth, particularly in the data center segment, which boosts its overall attractiveness. However, inconsistent revenue growth and a moderate P/E ratio suggest a balanced risk-reward profile. The technical indicators and valuation metrics indicate neutral sentiment, aligning with the fair valuation. Strategic focus and positive guidance from the earnings call provide a positive outlook.

To see Spark’s full report on FLEX stock, click here.

More about Flex

Flex Ltd. operates in the electronics manufacturing services industry, providing design, engineering, and manufacturing services to a range of industries, including automotive, healthcare, and consumer electronics.

Average Trading Volume: 4,437,284

Technical Sentiment Signal: Buy

Current Market Cap: $18.97B

See more insights into FLEX stock on TipRanks’ Stock Analysis page.

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