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Seagate Technology PLC Announces $2.5 Billion Share Repurchase


Thursday, 26 Apr 2012 04:01pm EDT 

Seagate Technology PLC 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.In connection with the April 2012 Authorization, the Company also announced that it has terminated its Anti-Dilution Share Repurchase Program, previously authorized by the Board on January 27, 2010 and publicly announced on February 1, 2010. 

Company Quote

42.99
0.82 +1.94%
23 May 2013