Summary
Seagate Technology Holdings plc (STX) filed an 8-K on July 28, 2020, primarily to report its financial results for the fiscal fourth quarter and full fiscal year ended July 3, 2020. The filing includes a press release detailing these results, which are crucial for investors to assess the company's performance and financial health. While the detailed financial figures are within the attached press release (Exhibit 99.1), this 8-K serves as the official notification of their public release. Additionally, the filing announces a quarterly cash dividend of $0.65 per share, payable on October 7, 2020, to shareholders of record as of September 23, 2020. This indicates continued commitment to returning capital to shareholders. Seagate also noted that supplemental financial information is available on their Investor Relations website and that management would be holding a webcast to discuss results and provide an outlook for the upcoming fiscal period, directing investors to these resources for further details.
Key Highlights
- 1Seagate reported financial results for its fiscal fourth quarter and full fiscal year ended July 3, 2020, via an accompanying press release (Exhibit 99.1).
- 2A quarterly cash dividend of $0.65 per share was declared by the Board of Directors.
- 3The dividend is scheduled to be paid on October 7, 2020, to shareholders of record as of September 23, 2020.
- 4Supplemental Financial Information is available on Seagate's Investor Relations website.
- 5A public webcast was scheduled for July 28, 2020, to discuss results and provide an outlook for the fiscal fourth quarter of 2020.
- 6The company encourages investors to monitor its Investor Relations website for routine announcements of material information.
- 7Information furnished in Items 2.02 and 7.01 is not deemed 'filed' for Section 18 liability purposes.