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WDC Lines Up $5.0 Billion for Shareholders

Rachel Gunter
WDC Lines Up $5.0 Billion for Shareholders

Western Digital (WDC) intends to distribute $5.0 billion to its shareholders by repurchasing some of its shares. With the new repurchase program, Western Digital joins a growing list of technology companies that have lined up generous repurchase packages for their shareholders. Qualcomm (QCOM) is preparing to buy back up to $10.0 billion of its shares this month.