WD authorizes an additional $4.0 billion of share repurchases

On February 3, 2026, Western Digital's board approved an extra $4.0 billion for share repurchases, effective immediately. It came on top of about $484 million left under the prior authorization as of February 2. The company said the buyback and its debt-reduction plans balance reinvestment and returns to shareholders.

• New authorization of $4.0 billion, effective February 3, 2026
• About $484 million remained under the prior authorization as of February 2, 2026
• Repurchases may be made on the open market, in private deals or under a Rule 10b5-1 plan
• CEO Irving Tan called the expansion a sign of confidence in the company's future