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Seagate Technology PLC (STX.OQ)

STX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Seagate Technology says intends to close design center in Korea
Friday, 10 Mar 2017 07:40am EST 

Seagate Technology Plc : Seagate Technology Plc- intends to close design center in Korea, which will result in reduction of company’s headcount by approximately 300 employees . Seagate Technology Plc- action is expected to result in total pre-tax charges of approximately $50 million . Seagate Technology Plc - majority of the charges will be comprised of cash expenditures on severance and employee-related costs .Seagate Technology Plc- balance of charges will include other cash expenditures on exit-related costs, as well as other non-cash charges.  Full Article

Seagate Technology plc's unit issues principal amounts of Senior Notes due 2022 and 2024
Friday, 3 Feb 2017 12:37pm EST 

Seagate Technology plc : On Feb 3, 2017, Seagate HDD Cayman $750 million in aggregate principal amount of 4.250% Senior Notes due 2022 - SEC filing . Unit aslo issued$500 million in aggregate principal amount of 4.875% Senior Notes due 2024 -SEC filing . The Senior Notes due 2022 mature on March 1, 2022 .The Senior Note due 2024 mature on March 1, 2024.  Full Article

Seagate Technology announces pricing of $1.25 bln of senior unsecured notes offering
Tuesday, 31 Jan 2017 05:37pm EST 

Seagate Technology Plc :Seagate Technology announces pricing of $1.25 billion of senior unsecured notes offering.  Full Article

Seagate Technology reports pricing of $1.25 bln of senior unsecured notes offering
Tuesday, 31 Jan 2017 04:25pm EST 

Seagate Technology Plc : Seagate Technology announces pricing of $1.25 billion of senior unsecured notes offering . Seagate says priced its previously announced offering of $750 million aggregate principal amount of senior notes due 2022 . Seagate says priced its previously announced offering of $500 million aggregate principal amount of senior notes due 2024 . Seagate says 2024 notes were priced at 99.328 pct of aggregate principal amount and will bear interest at a rate of 4.875 pct per annum .Seagate Technology Plc says 2022 notes were priced at 99.770 pct of aggregate principal amount and will bear interest at a rate of 4.25 pct per annum.  Full Article

Seagate Technology says offering senior unsecured notes
Tuesday, 31 Jan 2017 09:10am EST 

Seagate Technology Plc :Seagate Technology announces offering of senior unsecured notes.  Full Article

Seagate announces offering of senior unsecured notes
Tuesday, 31 Jan 2017 08:49am EST 

Seagate Technology Plc :Announces offering of senior unsecured notes in private placement.  Full Article

Seagate expects a U.S. Dollar-Denominated offering of notes in a private placement
Friday, 27 Jan 2017 09:30am EST 

Seagate Technology Plc :Seagate technology - expects a u.s. Dollar-Denominated offering of notes in a private placement after planned meeting with investors on or about jan 30.  Full Article

Seagate Technology Q4 earnings per share $0.23
Tuesday, 2 Aug 2016 08:01am EDT 

Seagate Technology Plc : Q4 earnings per share $0.23 . Seagate technology reports fiscal fourth quarter and fiscal year 2016 financial results . Q4 revenue $2.7 billion .Q4 earnings per share view $0.60, revenue view $2.64 billion -- Thomson Reuters I/B/E/S.  Full Article

Seagate Technology to cut 1,600 jobs in restructuring plan
Wednesday, 29 Jun 2016 04:13pm EDT 

Seagate Technology Plc : Announced restructuring plan to reduce co's global headcount by approximately 1,600 employees or 3% of its global headcount . Company expects restructuring plan to essentially be completed by the end of the September 2016 quarter . On June 27, seagate technology plc committed to restructuring 'plan as part of co's previously announced efforts to reduce its cost structure . Savings generated from the restructuring activities will represent approximately $100 million in savings on an annual run rate basis . Restructuring is expected to result in total pretax charges of $62 million recorded primarily in fiscal fourth quarter of 2016 .Charges to consist primarily of employee termination costs generating cash outlays in september 2016 quarter.  Full Article

Seagate Technology appointed William Mosley as COO
Monday, 27 Jun 2016 04:07pm EDT 

Seagate Technology Plc :Appointed William Mosley to position of president and chief operating officer.  Full Article

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BRIEF-Seagate Technology plc's unit issues principal amounts of Senior Notes due 2022 and 2024

* On Feb 3, 2017, Seagate HDD Cayman $750 million in aggregate principal amount of 4.250% Senior Notes due 2022 - SEC filing