Plexus approves new $100M share repurchase plan
Rhea-AI Filing Summary
Plexus Corp. (PLXS) reports that its Board of Directors approved a new $100.0 million share repurchase program on August 20, 2026. This authorization will begin upon expiration of the company’s current $100.0 million repurchase program. As of August 19, 2026, the remaining balance under the current program was $9.6 million.
Plexus states it has no specific schedule or commitment for future repurchases and may buy back shares in amounts, at prices, and at times it deems appropriate, subject to market conditions, legal requirements, financing and other considerations.
Positive
- Board authorized a new $100.0 million share repurchase program, signaling ongoing capacity to return capital to shareholders after the current program expires.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
New share repurchase authorization: $100.0 million
Current share repurchase program size: $100.0 million
Remaining under current repurchase program: $9.6 million
+1 more
4 metrics
New share repurchase authorization
$100.0 million
Board-approved new common stock repurchase program on August 20, 2026
Current share repurchase program size
$100.0 million
Existing common stock repurchase program that remains in effect until expiration
Remaining under current repurchase program
$9.6 million
Balance available for repurchases as of August 19, 2026
Par value of common stock
$0.01 per share
Common Stock, $0.01 par value, listed as the company’s registered security
Key Terms
share repurchase program, par value, Inline XBRL
3 terms
par value financial
"Common Stock, $0.01 par value | PLXS | The Nasdaq Global Select Market"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Inline XBRL technical
"Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
When will the new PLXS $100 million repurchase program start?
The new $100.0 million repurchase program will begin upon expiration of the current $100.0 million program. The existing program will remain in effect until its expiration.
What type of security of PLXS is affected by the repurchase program?
The repurchase programs apply to Plexus Corp.’s common stock, $0.01 par value, which is listed on The Nasdaq Global Select Market under the trading symbol PLXS.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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): August 24, 2026
____________________________________________________________________________________________________________________________________
(Exact name of registrant as specified in its charter)
____________________________________________________________________________________________________________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
Telephone Number (920 ) 969-6000
(Registrant’s telephone number, including Area Code)
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 (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On August 20, 2026, the Board of Directors of Plexus Corp. (the “Company”) approved a new share repurchase program that authorizes the Company to repurchase up to $100.0 million of its common stock beginning upon expiration of the Company’s current $100.0 million share repurchase program, which shall remain in effect until its expiration. As of August 19, 2026, the remaining balance on the current $100.0 million share repurchase program was $9.6 million. The Company does not have a specific schedule or commitment for the repurchase of the shares and may repurchase shares in amounts, at prices, and at such times as the Company deems appropriate, subject to market conditions, legal requirements, financing and other considerations.
Item 9.01 Financial Statements and Exhibits
(d) The following exhibits are filed herewith:
| Exhibit Number | Description | |||||||
| 104 | Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document) | |||||||
* * * * *
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.
| Date: August 24, 2026 | PLEXUS CORP. | |||||||
| (Registrant) | ||||||||
By: /s/ Angelo M. Ninivaggi | ||||||||
| Angelo M. Ninivaggi | ||||||||
| Executive Vice President, Chief Legal and Public Affairs Officer | ||||||||