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Western Digital To Buyback Additional $4bln Of Common Stock, Sending Stock Up 4% In Pre-market

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Western Digital Corp. (WDC), a manufacturer of data storage devices and solutions, Tuesday announced that it has authorized an additional $4 billion of share repurchases, effective immediately.

As of February 2, the company had around $484 million remaining under the its prior repurchase program.

In pre-market activity, WDC shares were trading at $282.50, up 4.59% on the Nasdaq.

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