Western Digital Authorizes Additional $4.0 Billion Share Repurchase Program
Reuters
Feb 03
Western Digital Corporation announced that its Board of Directors has authorized an additional $4.0 billion for share repurchases under its existing buyback program. As of February 2, 2026, approximately $484 million remained under the prior authorization. The repurchases may be conducted on the open market or through privately negotiated transactions and may be made pursuant to a Rule 10b5-1 plan. The timing and amount of repurchases will depend on market conditions and other corporate considerations.
U.S.-listed shares of the company rose 5% in premarket trading.
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