Western Digital (WDC) Adds $1.5B to Buyback Plan
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Price: $544.84 +2.21%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
Revenue Growth %: +41.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
Revenue Growth %: +41.4%
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Western Digital Corp. (NYSE: WDC) today announced an increased authorization of $1.5 billion of its common stock under its share repurchase program.
The additional repurchase authorization is effective immediately and extends the program by five years, during which time additional shares can be authorized for repurchase. The amount of purchases will depend on market conditions and corporate considerations. Share repurchases will be made on the open market.
The additional repurchase authorization is effective immediately and extends the program by five years, during which time additional shares can be authorized for repurchase. The amount of purchases will depend on market conditions and corporate considerations. Share repurchases will be made on the open market.
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