Seagate Announces Exchanges With Holders of $500 Million Principal Amount of Exchangeable Notes
Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX)
Last seagate technology holdings plc - ordinary shares (ireland) earnings: 4/22 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
seagate.com/investors/overview
Company Research
Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”), today announced that on November 4, 2025, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $500 million principal amount of notes for consideration consisting of an aggregate of approximately $503.4 million in cash and a number of Seagate’s ordinary shares (the “ordinary shares”) to be determined over a one trading day period beginning on, and including, November 5, 2025. The exchanges are expected to be consummated on or about November 10, 2025, subject to customary closing conditions. The notes being exchanged will be retired upon completion of the exchanges. Following the closing of the exchanges, Seagate HDD expects that approximately $1.0 billion in aggr
Show less
Read more
Impact Snapshot
Event Time:
STX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STX alerts
High impacting Seagate Technology Holdings PLC - Ordinary Shares (Ireland) news events
Weekly update
A roundup of the hottest topics
STX
News
- Seagate Technology (NASDAQ:STX) is now covered by analysts at China Renaissance. They set a "buy" rating and a $325.00 price target on the stock.MarketBeat
- Seagate Technology (NASDAQ:STX) had its price target raised by analysts at Citigroup Inc. from $275.00 to $320.00. They now have a "buy" rating on the stock.MarketBeat
- Seagate: High-Margin AI Storage Play With 20% Upside And Strong Technicals [Seeking Alpha]Seeking Alpha
- Seagate Technology (NASDAQ:STX) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Seagate Technology (NASDAQ:STX) had its price target raised by analysts at Bank of America Corporation from $275.00 to $320.00. They now have a "buy" rating on the stock.MarketBeat
STX
Earnings
- 10/28/25 - Beat
STX
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 144
- STX's page on the SEC website