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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?


To: deepsee who wrote (3902)8/2/2018 6:14:11 AM
From: Bruno Cipolla  Read Replies (1) | Respond to of 4828
 
WDC needs most of the 5B$ for capex and debt repayment.
At these levels it would make sense to borrow a few extra billions and do a huge share repurchase.



To: deepsee who wrote (3902)8/2/2018 9:35:33 AM
From: SiliconAlley  Respond to of 4828
 
So the price will either go up or they will shrink the float by 75 million shares.


Of course, the other option is the stock goes down. There is no commitment to buy back shares.