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Seagate Technology PLC (STX.OQ)

STX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Seagate Technology PLC - Co, Unit Entered Into A Credit Agreement - SEC Filing
Thursday, 21 Feb 2019 

Feb 20 (Reuters) - Seagate Technology PLC ::SEAGATE TECHNOLOGY PLC - CO, UNIT ENTERED INTO A CREDIT AGREEMENT - SEC FILING.SEAGATE TECHNOLOGY PLC - CREDIT AGREEMENT PROVIDES FOR A $1.3 BILLION SENIOR UNSECURED REVOLVING CREDIT FACILITY.SEAGATE TECHNOLOGY - UNDER CREDIT AGREEMENT, BORROWER MAY BORROW UNTIL EARLIER OF FEB 20, 2024, DATE OF TERMINATION OF COMMITMENTS UNDER IT.  Full Article

Seagate Appoints Gianluca Romano Executive Vice President And CFO
Saturday, 22 Dec 2018 

Dec 21 (Reuters) - Seagate Technology PLC ::SEAGATE APPOINTS GIANLUCA ROMANO EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.SEAGATE TECHNOLOGY PLC - ROMANO WILL JOIN SEAGATE JANUARY 7.SEAGATE TECHNOLOGY PLC - GIANLUCA MOST RECENTLY SERVED AS CORPORATE VICE PRESIDENT, BUSINESS FINANCE & ACCOUNTING AT MICRON TECHNOLOGY.SEAGATE TECHNOLOGY PLC - ROMANO NAMED CFO, SUCCEEDS KATE SCOLNICK WHO WAS INTERIM CFO.  Full Article

Seagate Technology announces new $2.3 billion share repurchase authorization
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Seagate Technology PLC ::SEAGATE TECHNOLOGY ANNOUNCES NEW $2.3 BILLION SHARE REPURCHASE AUTHORIZATION.SEAGATE TECHNOLOGY PLC - SEAGATE CURRENTLY HAS AN AGGREGATE AUTHORITY TO REPURCHASE APPROXIMATELY $3.0 BILLION OF ITS ORDINARY SHARES.  Full Article

Seagate Technology reports fiscal 2019 first quarter results
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Seagate Technology PLC ::SEAGATE TECHNOLOGY REPORTS FISCAL FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $1.70.Q1 GAAP EARNINGS PER SHARE $1.54.Q1 EARNINGS PER SHARE VIEW $1.55 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE $3.0 BILLION VERSUS I/B/E/S VIEW $2.96 BILLION.QTRLY EXABYTE SHIPMENTS OF 98.8, UP 41% YEAR-OVER-YEAR.  Full Article

RackTop Systems and Seagate Form Strategic Partnership to Help Governments
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Seagate Technology Plc ::RACKTOP SYSTEMS - ANNOUNCED STRATEGIC PARTNERSHIP WITH SEAGATE TECHNOLOGY WITH IMMEDIATE AVAILABILITY OF JOINT PRODUCT, SECURE DATA PROTECTION PLATFORM.  Full Article

Seagate Technology Qtrly EPS $0.55​
Monday, 29 Jan 2018 

Jan 29 (Reuters) - Seagate Technology Plc ::Q2 REVENUE $2.9 BILLION.SEAGATE TECHNOLOGY REPORTS FISCAL SECOND QUARTER 2018 FINANCIAL RESULTS.QTRLY ‍SHR $0.55​.Q2 ADJUSTED EARNINGS PER SHARE $1.48.Q2 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $2.86 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Seagate Technology Sees Q2 Revenue About $2.9 Bln
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Seagate Technology Plc ::SEES Q2 GAAP AND NON-GAAP GROSS MARGIN OF ABOUT 30 PERCENT.SEAGATE SEES Q2 EXABYTE SHIPMENTS OF APPROXIMATELY 88 EXABYTES.SEAGATE TECHNOLOGY ANNOUNCES PRELIMINARY FINANCIAL INFORMATION FOR FISCAL SECOND QUARTER 2018 AND COMPLETION OF LONG-TERM NAND SUPPLY AGREEMENT WITH TOSHIBA MEMORY CORPORATION.SEES Q2 2018 REVENUE ABOUT $2.9 BILLION.SEAGATE - GAAP AND NON-GAAP OPERATING. EXPENSES FOR DEC. QUARTER EXPECTED TO BE ABOUT $444 MILLION AND $390 MILLION RESPECTIVELY.Q2 REVENUE VIEW $2.74 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Seagate Technology - Intends To Reduce Global Headcount By About 500 Employees
Tuesday, 12 Dec 2017 

Dec 11 (Reuters) - Seagate Technology Plc ::SEAGATE TECHNOLOGY PLC - INTENDS TO REDUCE ITS GLOBAL HEADCOUNT BY APPROXIMATELY 500 EMPLOYEES.SEAGATE TECHNOLOGY PLC - EXPECTS GLOBAL HEADCOUNT REDUCTION TO BE SUBSTANTIALLY COMPLETED BY END OF FISCAL YEAR 2018 - SEC FILING.SEAGATE TECHNOLOGY PLC - EXPECTS GLOBAL HEADCOUNT REDUCTION TO RESULT IN TOTAL PRE-TAX CHARGES OF APPROXIMATELY $50 MILLION IN FISCAL YEAR 2018.SEAGATE TECHNOLOGY - SAVINGS GENERATED FROM HEADCOUNT REDUCTION WILL REPRESENT ABOUT $65 MILLION IN SAVINGS ON AN ANNUAL RUN-RATE BASIS.SEAGATE TECHNOLOGY PLC - SAVINGS GENERATED FROM HEADCOUNT REDUCTION EXPECTED TO BE RECOGNIZED BEGINNING IN MARCH 2018 QUARTER.  Full Article

Seagate to participate in consortium led by Bain Capital to acquire Toshiba Memory Corp
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - Seagate Technology Plc :Seagate to participate in consortium led by Bain Capital Private Equity to acquire Toshiba Memory Corporation.Seagate Technology Plc - ‍commits to provide up to $1.25 billion in financing​.Seagate Technology Plc - ‍expects to enter into a long-term nand supply agreement​.Seagate Technology - to participate in consortium led by Bain Capital Private Equity that entered into deal with Toshiba to acquire Toshiba Memory Corp.Seagate Technology Plc - ‍Seagate has committed to provide up to $1.25 billion in financing to support acquisition​.Seagate Technology Plc - ‍Seagate expects this transaction to be accretive to its earnings​.  Full Article

Seagate, Tencent establish strategic partner relationship
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Seagate Technology Plc - :Seagate and Tencent establish strategic partner relationship and commence all-round cooperation.Seagate Technology - Tencent will regard co as key supplier of storage solutions, Co will treat Tencent as strategic partner.Seagate Technology - Signed a strategic partnership Memorandum of Understanding (MOU) for cooperation in field of information technology.  Full Article