Seagate Technology Holdings plc Files 8-K
Ticker: STX · Form: 8-K · Filed: Jul 23, 2024 · CIK: 1137789
Sentiment: neutral
Topics: financial-results, operations, sec-filing
TL;DR
Seagate dropped an 8-K on 7/23 covering financials and operations.
AI Summary
On July 23, 2024, Seagate Technology Holdings plc filed an 8-K report detailing results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company is incorporated in Ireland and its fiscal year ends on June 28.
Why It Matters
This 8-K filing provides crucial updates on Seagate's financial performance and operational status, which can influence investor decisions and market perception.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting financial results and operations, not indicating any immediate or significant new risks.
Key Players & Entities
- Seagate Technology Holdings plc (company) — Registrant
- July 23, 2024 (date) — Date of Report
- Ireland (location) — Jurisdiction of incorporation
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Seagate Technology Holdings plc's results of operations and financial condition, along with Regulation FD disclosures and financial statements and exhibits.
When was the report filed?
The report was filed on July 23, 2024.
Where is Seagate Technology Holdings plc incorporated?
Seagate Technology Holdings plc is incorporated in Ireland.
What is the company's fiscal year end?
The company's fiscal year ends on June 28.
What are the key items reported in this filing?
The key items reported are Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 795 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-07-23 16:10:49
Key Financial Figures
- $0.00001 — Registered Ordinary Shares, par value $0.00001 per share STX The NASDAQ Global Select
- $0.70 — y declared a quarterly cash dividend of $0.70 per share, which will be payable on Oct
Filing Documents
- stx-20240723.htm (8-K) — 34KB
- stxq42024pressreleasefinan.htm (EX-99.1) — 408KB
- seagatelogo.jpg (GRAPHIC) — 59KB
- 0001137789-24-000061.txt ( ) — 660KB
- stx-20240723.xsd (EX-101.SCH) — 2KB
- stx-20240723_lab.xml (EX-101.LAB) — 21KB
- stx-20240723_pre.xml (EX-101.PRE) — 12KB
- stx-20240723_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On July 23, 2024, Seagate Technology Holdings plc (the "Company" or "Seagate") issued a press release reporting its financial results for the fiscal fourth quarter and fiscal year ended June 28, 2024. The press release is attached to this Current Report on Form 8-K as Exhibit 99.1. The information in this Item 2.02 and the exhibit hereto are "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of such section.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On July 23, 2024, the Board of Directors of the Company declared a quarterly cash dividend of $0.70 per share, which will be payable on October 7, 2024 to shareholders of record as of the close of business on September 23, 2024. Seagate has issued a Supplemental Financial Information document. The Supplemental Financial Information is available on Seagate's Investor Relations website at investors.seagate.com. Seagate management will hold a public webcast on July 23, 2024 at 2:00 p.m. Pacific / 5:00 p.m. Eastern th at can be accessed on its Investor Relations website at investors.seagate.com. During the webcast, the Company will provide an outlook for its fiscal first quarter of 2025 including key underlying assumptions. A replay will be available on Seagate's Investor Relations website at investors.seagate.com shortly following the conclusion of the event and will be archived for approximately one year. Investors and others should note that the Company routinely uses the Investor Relations section of its corporate website to announce material information to investors and the marketplace. While not all of the information that the Company posts on its corporate website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media, and others interested in the Company to review the information that it shares on investors.seagate.com. The information in this Item 7.01 is "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of such section.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibit is attached to this Current Report on Form 8-K: Exhibit No. Description 99.1 Press release, dated July 2 3 , 202 4 , of Seagate Technology Holdings plc entitled "Seagate Technology Reports Fiscal Fourth Quarter and Fiscal Year 202 4 Financial Results." 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY Date: July 23, 2024 By: /s/ Gianluca Romano Name: Gianluca Romano Title: Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)