Tuesday, May 22, 2012

techPowerUp!: (PR) WD Announces Additional $1.5 Billion In Share Repurchase Program

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(PR) WD Announces Additional $1.5 Billion In Share Repurchase Program
May 22nd 2012, 14:48

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.

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