Form 8-K · Current report
Flex Ltd. 8-K, filed Nov 5, 2026
- Filed
- CIK
- 0000866374
- Accession no.
- 0000866374-26-000045
Summary
Flex Ltd. shareholders approved all three proposals at an Extraordinary General Meeting on November 2, 2026, clearing the issuance of one bonus share per existing ordinary share and a court-approved capital reduction under Section 78G of Singapore's Companies Act 1967 to distribute roughly 88% to 94% of Axiom Solutions International, Inc. common stock on a pro rata basis, in connection with the proposed separation of Flex's cloud and power infrastructure business. Shareholders also approved an additional $50,000 in annual compensation for the Lead Independent Director.
Key points
- About 84.57% of Flex's 369,460,443 issued and outstanding ordinary shares were represented at the meeting, establishing a quorum.
- Proposal 1, approving the issuance of one bonus share for each existing Flex ordinary share, passed with 310,323,729 votes for and 213,425 against.
- Proposal 2, a court-approved capital reduction under Section 78G of Singapore's Companies Act 1967 to distribute in specie roughly 88.0% to 94.0% of Axiom Solutions International common stock, passed with 310,236,918 votes for and 326,300 against.
- Proposal 3, granting the Lead Independent Director an additional $50,000 in annual compensation payable in shares, cash, or a combination at that director's election, passed with 309,967,621 votes for and 392,044 against.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.07Submission of Matters to a Vote of Security Holders
From the filing
Item 5.07 Submission of Matters to a Vote of Security Holders. On November 2, 2026, Flex Ltd. (“Flex” or the “Company”) held an Extraordinary General Meeting of Shareholders (the “Extraordinary General Meeting”) in connection with the proposed separation of Flex’s cloud and power infrastructure business. There were 369,460,443 Ordinary Shares of Flex, no par value (“Ordinary Shares”), issued and outstanding and entitled to be voted at the Extraordinary General Meeting. At the Extraordinary General Meeting, a total of 312,465,705 Ordinary Shares were represented in person or by proxy, or approximately 84.57% of the issued and outstanding Ordinary Shares, and, therefore, a quorum was present. …
An excerpt of the text as filed with the SEC, cut for length.
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