Flextronics International Ltd. (FLEX)

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$FLEX Third Q Earnings..All-time highest quarterly adjusted EPS for the Company at $0.35 #technology
- Adjusted operating margin expands at 3.5%, increasing 60 basis points year-over-year
- Adjusted operating income tops guidance at $236 million
- Strong free cash flow generation of $158 million
- Maintains commitment to return shareholder value

http://finance.yahoo.com/news/flex-reports-third-quarter-fiscal-210100364.html

August 24, 2015, the Company announced that it has received shareholder approval to purchase up to 20% of the Company’s outstanding ordinary shares. A copy of the press release is furnished with this report as Exhibit 99.1. This approval was received on August 20, 2015 at the
Company’s Extraordinary General Meeting. As part of the Company’s share repurchase plan, its 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 $500 million. Share repurchases, if any, will be made in the open market and in compliance with SEC Rule 10b-18. The timing and actual number of shares repurchased will depend on a variety of factors including price, market conditions and applicable legal requirements. The share repurchase 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.