STX Buyback

Seagate Technology plc Buyback

OLI recorded this information on 4/23/2015

Company:

Seagate Technology plc

Buyback:

STX buyback

$Amount Authorized:

$2,500,000,000

Buyback Details:

Seagate Technology plc (NASDAQ:STX) (the "Company" or "Seagate") today announced that its Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary shares (the "April 2015 Authorization"). As a result of the April 2015 Authorization, Seagate currently has an aggregate authority to repurchase approximately $3.1 billion of its ordinary shares. Share repurchases under the April 2015 Authorization may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, block trades, accelerated share repurchase transactions, or by any combination of such methods. The timing and actual number of shares repurchased will depend on a variety of factors including the ordinary share price, corporate and regulatory requirements and other market and economic conditions. The share repurchase authorization may be suspended or discontinued at any time.

Seagate Technology Holdings is a provider of data storage technology and solutions. Co.'s principal products are hard disk drives (HDDs). In addition, Co. produces a range of data storage products including solid state drives (SSDs) and storage subsystems and provides storage solutions such as a edge-to-cloud mass data platform that includes data transfer shuttles and a storage-as-a-service cloud. Co. provides a range of storage solutions for mass capacity storage which includes: Enterprise Nearline HDDs, Enterprise Nearline SSDs, Enterprise Nearline Systems, Video and Image Applications and Network-attached storage.

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STX — Key Stats (updated 18 hours, 42 minutes ago)

Company Name:	Seagate Technology Holdings PLC
Stock buyback:	STX buyback
Website:	www.seagate.com
Sector:	Computer Peripherals
Number of ETFs Holding STX:	90
Total Market Value Held by ETFs:	$3.04B
Total Market Capitalization:	$18.13B
% of Market Cap. Held by ETFs:	16.79%

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Seagate Technology plc Buyback

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