Seagate Technology (STX) Declares Dividend of 12c; Authorizes Stock Buyback of $2 Billion
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Seagate (NYSE: STX) today declared a dividend of $0.12 per share to be paid on or before August 15, 2008 to all common shareholders of record as of August 1, 2008. Additionally, Seagate authorizes a stock buyback of approximately $2 billion.
Seagate is the worldwide leader in the design, manufacture and marketing of hard disc drives and storage solutions, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions.
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