The latest update is out from Western Digital ( (WDC) ).
On March 13, 2025, Western Digital’s Board of Directors approved amendments to the company’s bylaws, which became effective immediately. These changes address ‘universal proxy’ rules and include provisions for stockholder nominations and meeting conduct, aligning with updates to Delaware General Corporation Law. Additionally, Western Digital announced the redemption of $1.8 billion of its 4.750% Senior Notes due 2026, with the redemption date set for April 14, 2025. This move will leave $500 million of the notes outstanding and is part of the company’s financial management strategy.
More about Western Digital
Western Digital is a company that empowers systems and individuals reliant on data, delivering massive capacity, high quality, and low total cost of ownership. It is trusted by hyperscale cloud providers, enterprise data centers, content professionals, and consumers globally. The company is committed to designing storage technologies that meet current data demands while contributing to a climate-conscious future.
YTD Price Performance: -4.66%
Average Trading Volume: 7,301,237
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $14.54B
See more data about WDC stock on TipRanks’ Stock Analysis page.