Market Overview

Seagate Technology Announces $2.5B Share Repurchase


Seagate Technology plc (NASDAQ: STX) today announced that its Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary shares. Seagate, as a result of the April 2012 Authorization and other current repurchase authorizations, currently has a total authorized unutilized capacity for repurchases of approximately $3.5 billion under these authorizations.

Posted-In: News Buybacks


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