Western Digital Adds $4 Billion to Stock Buybacks

Dow Jones

Feb 03

By Colin Kellaher

Western Digital's board has approved the repurchase of up to an additional $4 billion in stock.

Western Digital on Tuesday said it had about $484 million remaining under its prior share repurchase authorization.

The San Jose, Calif., maker of hard drives, which had about 339 million shares outstanding as of Jan. 22, sports a market capitalization of around $91.6 billion.

Western Digital shelled out $1.17 billion to buy back 10.2 million shares during the six months ended Jan. 2.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 03, 2026 08:20 ET (13:20 GMT)

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