0001104659-11-070952.txt : 20111222 0001104659-11-070952.hdr.sgml : 20111222 20111222172813 ACCESSION NUMBER: 0001104659-11-070952 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20111222 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111222 DATE AS OF CHANGE: 20111222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD. CENTRAL INDEX KEY: 0000866374 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 000000000 STATE OF INCORPORATION: U0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23354 FILM NUMBER: 111278399 BUSINESS ADDRESS: STREET 1: ONE MARINA BOULEVARD, #28-00 CITY: SINGAPORE STATE: U0 ZIP: 018989 BUSINESS PHONE: (65) 6890 7188 MAIL ADDRESS: STREET 1: ONE MARINA BOULEVARD, #28-00 CITY: SINGAPORE STATE: U0 ZIP: 018989 FORMER COMPANY: FORMER CONFORMED NAME: FLEXTRONICS INTERNATIONAL LTD DATE OF NAME CHANGE: 19940318 FORMER COMPANY: FORMER CONFORMED NAME: FLEX HOLDINGS PTE LTD DATE OF NAME CHANGE: 19940201 8-K 1 a11-32067_28k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  December 22, 2011

 

 

FLEXTRONICS INTERNATIONAL LTD.

(Exact Name of Registrant as Specified in Its Charter)

 

Singapore

 

0-23354

 

Not Applicable

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

2 Changi South Lane, Singapore

 

486123

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (65) 6890-7188

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 8.01    Other Events.

 

On December 22, 2011, Flextronics International Ltd. (the “Company”) announced that its Board of Directors has authorized an additional share repurchase plan.  This is in addition to the program announced on July 21, 2011 for $200 million in share repurchases, under which approximately $182 million of the Company’s ordinary shares were repurchased as of December 22, 2011. In general, repurchases under the Company’s share repurchase plans are subject to an aggregate limit of 10% of the Company’s outstanding ordinary shares as of the Company’s Extraordinary General Meeting held in July 2011. This new authorization permits the repurchase of the remaining balance of ordinary shares outstanding not to exceed the 10% limitation. There are approximately 43 million ordinary shares available for repurchase under both authorized plans as of the date hereof.

 

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.

 

Item 9.01    Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit

 

 

 

 

 

99.1

 

Press release, dated December 22, 2011, issued by Flextronics International Ltd.

 

2


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

FLEXTRONICS INTERNATIONAL LTD.

 

 

 

Date:

December 22, 2011

By:

/s/ Christopher Collier

 

 

Name:

Christopher Collier

 

 

Title:

Chief Accounting Officer

 

3


 

EXHIBIT INDEX

 

Exhibit Number

 

Description

 

 

 

99.1

 

Press release, dated December 22, 2011, issued by Flextronics International Ltd.

 

4

 EX-99.1 2 a11-32067_2ex99d1.htm EX-99.1

Exhibit 99.1

 

 

2 Changi South Lane

Singapore 486123

 

 

65.6299.8888  Main

www.flextronics.com

 

 

PRESS RELEASE

 

 

 

Renee Brotherton

 

Kevin Kessel

 

Corporate Communications

 

Investor Relations

 

(408) 576-7189

 

(408) 576-7985

 

renee.brotherton@flextronics.com

 

 

kevin.kessel@flextronics.com

 

FLEXTRONICS ANNOUNCES NEW BOARD OF DIRECTORS AUTHORIZATION FOR

ADDITIONAL SHARE REPURCHASES

 

Singapore, December 22, 2011 — Flextronics (NASDAQ: FLEX) today announced that its Board of Directors has authorized an additional share repurchase plan.  This is in addition to the program announced on July 21, 2011 for $200 million in share repurchases, under which approximately $182 million of the Company’s ordinary shares were repurchased as of December 22, 2011. In general, repurchases under the Company’s share repurchase plans are subject to an aggregate limit of 10% of the Company’s outstanding ordinary shares as of the Company’s Extraordinary General Meeting held in July 2011. This new authorization permits the repurchase of the remaining balance of ordinary shares outstanding not to exceed the 10% limitation. There are approximately 43 million ordinary shares available for repurchase under both authorized plans as of the date of this release.

 

Share repurchases, if any, will be made in the open market. The Company intends to effect any share purchases 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.

 

About Flextronics

Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer, industrial, infrastructure, medical, clean tech and mobile OEMs. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit www.flextronics.com.

 

# # #

 

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