8-KEarnings & ResultsRegulation FDExhibits & Filings

Seagate Technology Holdings plc 8-K Report, Financial Results (Aug 2, 2019)

Filed August 2, 2019For Securities:STX

Summary

Seagate Technology Holdings plc (STX) filed an 8-K on August 2, 2019, primarily to report its financial results for the fiscal fourth quarter and full fiscal year ended June 28, 2019. While the full details of the results are in an attached press release (Exhibit 99.1), the filing itself highlights the declaration of a quarterly cash dividend and provides information on an upcoming webcast to discuss the fiscal first quarter 2020 outlook. Investors should note that the financial results themselves are furnished, not filed, meaning they do not carry the same liability under Section 18 of the Exchange Act. The company also emphasizes its use of its Investor Relations website for routinely announcing material information and encourages investors to monitor it.

Key Highlights

  • 1Seagate reported its financial results for the fiscal fourth quarter and full fiscal year 2019 via a press release dated August 2, 2019.
  • 2The company declared a quarterly cash dividend of $0.63 per share, payable on October 9, 2019, to shareholders of record as of September 25, 2019.
  • 3A public webcast was scheduled for the same day to discuss the outlook for the fiscal first quarter of 2020, including key assumptions.
  • 4The press release containing the detailed financial results is attached as Exhibit 99.1 to the 8-K filing.
  • 5The information presented under Item 2.02 and Item 7.01 is furnished and not deemed filed under Section 18 of the Exchange Act.
  • 6Seagate reiterated its practice of using its Investor Relations website (investors.seagate.com) to disseminate material information to investors.

Frequently Asked Questions

The detailed financial results are provided in the press release dated August 2, 2019, which is attached as Exhibit 99.1 to this 8-K filing. You can also access it via Seagate's Investor Relations website.

The Board of Directors declared a quarterly cash dividend of $0.63 per share. This dividend is payable on October 9, 2019, to shareholders of record as of the close of business on September 25, 2019.

Yes, the company announced that management would hold a public webcast on August 2, 2019, to provide an outlook for its fiscal first quarter of 2020, including key underlying assumptions. Information regarding this webcast and its replay is available on Seagate's Investor Relations website.

No, the information provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure) is 'furnished' and shall not be deemed 'filed' for purposes of Section 18 of the Exchange Act, meaning it is not subject to the liabilities of that section.