Investing.com - Flex Ltd (NASDAQ:FLEX) has received approval to purchase up to 20% of its shares outstanding, up to $500 million. This comes even after the company has repurchased $298.8 million worth of shares so far this year for a total of $2.6 billion.
Flex's shares were indicated up almost 1% in the after hours session. Flex's shares have climbed 8% year-to-date.