8-KEarnings & ResultsRegulation FDExhibits & Filings

Seagate Technology Holdings plc 8-K Report, Financial Results (Feb 4, 2020)

Filed February 4, 2020For Securities:STX

Summary

Seagate Technology Holdings plc (STX) filed an 8-K on February 4, 2020, primarily to report its financial results for the fiscal second quarter ended January 3, 2020. While the filing itself is brief and directs investors to a press release (Exhibit 99.1) for detailed financial results, it also includes information regarding a quarterly cash dividend declaration and upcoming investor webcast. Investors should refer to the press release and webcast for the specific financial performance details and future outlook. Key takeaways for investors include the declaration of a quarterly cash dividend of $0.65 per share, demonstrating a commitment to returning capital to shareholders. The company also announced a webcast to discuss its fiscal third quarter 2020 outlook, indicating transparency and a proactive approach to investor communication. It is important to note that the information provided in this 8-K is "furnished" and not "filed," meaning it is for informational purposes and does not carry the same legal implications under Section 18 of the Exchange Act.

Key Highlights

  • 1Seagate reported its fiscal second quarter 2020 financial results on February 4, 2020, via a press release (Exhibit 99.1).
  • 2The company declared a quarterly cash dividend of $0.65 per share, payable on April 8, 2020.
  • 3Shareholders of record as of March 25, 2020, will receive the dividend.
  • 4Seagate announced a public webcast to discuss its fiscal third quarter 2020 outlook.
  • 5The company encourages investors to monitor its Investor Relations website for routine announcements of material information.
  • 6Information furnished in this 8-K is not considered "filed" for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

The 8-K filing itself does not contain the detailed financial results. Investors need to refer to the press release dated February 4, 2020, attached as Exhibit 99.1, for a comprehensive overview of the fiscal second quarter financial performance.

Yes, the Board of Directors declared a quarterly cash dividend of $0.65 per share. This dividend is payable on April 8, 2020, to shareholders of record as of the close of business on March 25, 2020.

Seagate management held a public webcast on February 4, 2020, to provide an outlook for the fiscal third quarter of 2020, including key underlying assumptions. A replay is available on Seagate's Investor Relations website (investors.seagate.com).

Information that is "furnished" in an 8-K, as stated in this filing, is provided for informational purposes and is not subject to the liabilities under Section 18 of the Securities Exchange Act of 1934. Information that is "filed" carries greater legal weight and accountability.