Western Digital (WDC) Stock: $4 Billion Buyback Sends Shares Higher

TLDR Western Digital’s board approved an additional $4 billion for share repurchases on top of existing authorization The company had approximately $484 million remaining from its prior $2 billion buyback authorization from May 2024 WDC shares rose about 5% in premarket trading following the announcement Stock has surged 57% year-to-date and more than tripled in [...]

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