Seagate stock returns 63.62% annually over 5 years

0 min read     Updated on 15 Jun 2026, 11:09 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Seagate Technology Hldgs has generated an average annual return of 63.62% over the past five years, outperforming the market by 50.85% annually. With a current market capitalization of $226.32 billion and a stock price of $1000.31, a $100 investment made five years ago would have grown to $1,126.22.

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Seagate Technology Hldgs has outperformed the market over the past 5 years by 50.85% on an annualized basis, producing an average annual return of 63.62%. Currently, Seagate Technology Hldgs has a market capitalization of $226.32 billion. The company's recent performance highlights the substantial impact of compounded returns on investor wealth over a shorter, yet intense, investment horizon.

Investment Growth Analysis

If an investor had purchased $100 of STX stock 5 years ago, the value of that investment would have grown significantly. Based on a price of $1000.31 for STX at the time of writing, the initial $100 investment would be worth $1,126.22 today.

Key Performance Metrics

The following table outlines the financial performance of Seagate Technology Hldgs over the specified period:

Metric Value
Average Annual Return 63.62%
Market Outperformance 50.85%
Current Market Capitalization $226.32 billion
Current Stock Price $1000.31
Value of $100 Investment (5 Years) $1,126.22

The key insight from this data is the substantial difference compounded returns can make in cash growth over a long investment horizon.

Can Seagate maintain its current growth trajectory given the increasing competition in the data storage market?

How might advancements in cloud computing and AI impact the demand for Seagate's products in the coming years?

What are the potential risks to Seagate's stock performance if global supply chain disruptions persist?

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Seagate HDD Cayman to redeem 3.50% notes due 2028

1 min read     Updated on 12 Jun 2026, 03:59 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Seagate HDD Cayman announced the redemption of all outstanding 3.50% Exchangeable Senior Notes due 2028 on September 8, 2026. Holders can exchange notes for shares until September 3, 2026. The company expects to eliminate $150.7 million of debt through this redemption.

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Seagate HDD Cayman, a subsidiary of Seagate Technology Holdings plc, will redeem all outstanding 3.50% Exchangeable Senior Notes due 2028 on September 8, 2026. The redemption price will equal the principal amount of the notes plus accrued and unpaid interest to, but excluding, the redemption date. This move is expected to eliminate approximately $150.7 million of debt, representing all currently outstanding notes that have not been submitted for exchange.

The notes may be exchanged by holders at any time before 5:00 p.m. New York City time on September 3, 2026. The exchange rate for notes exchanged after today and through the exchange deadline is currently 12.1363 ordinary shares of Seagate, par value $0.00001 per share, per $1,000 principal amount of the notes. This rate will be adjusted on June 25, 2026, due to the company's previously announced dividend of $0.74 per ordinary share.

Key Dates and Metrics

Detail Information
Redemption Date September 8, 2026
Exchange Deadline September 3, 2026
Exchange Rate 12.1363 ordinary shares per $1,000 principal amount
Par Value of Ordinary Shares $0.00001 per share
Debt to be Eliminated $150.7 million

Seagate HDD has elected to settle the remainder of its exchange obligations in excess of the principal amount for notes exchanged by delivering ordinary shares, together with cash if applicable, in lieu of delivering any fractional ordinary shares. The principal amount of any notes submitted for exchange shall be paid in cash.

Agent Details

Holders must deliver the notes to the paying agent or in compliance with the rules and procedures of DTC to receive the redemption price. Computershare Trust Company, N.A. serves as the paying agent and exchange agent. Inquiries can be directed to 1-800-344-5128 or via email at cctbondholdercommunications@computershare.com , referencing CUSIP number 81180WBL4.

How will the elimination of this $150.7 million debt impact Seagate's leverage ratios and future borrowing costs?

What does the redemption of these notes suggest about Seagate's current liquidity position and cash flow management strategy?

Will the company utilize the cash flow previously allocated to interest payments for share buybacks, dividends, or R&D investments?

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