PART II
Item 5.
Market for Registrant's Common Equity, Related Stockholder Matters, and
Issuer Purchases of Equity Securities
Our common stock is listed on the NASDAQ Global Select Market ("NASDAQ") under the symbol "WDC."
Until June 1, 2012, our common stock was listed on the New York Stock Exchange, Inc. ("NYSE") under the symbol
"WDC." The approximate number of holders of record of our common stock as of August 9, 2012 was 1,705.
We have not paid any cash dividends on our common stock and do not intend to pay any cash dividends on
common stock in the foreseeable future.
The high and low sales prices of our common stock as reported by the NASDAQ and the NYSE, as applicable,
for each quarter of 2012 and 2011 were as follows:
First
Second
Third
Fourth
2012
High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$39.02
$33.40
$43.10
$44.44
Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$25.41
$22.64
$30.49
$28.31
2011
High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$33.50
$35.92
$38.82
$41.87
Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$23.06
$27.41
$29.14
$33.22
The following table provides information about repurchases by us of our common stock during the quarter ended
June 29, 2012:
(in millions, except average price paid per share)
Total Number
of Shares
Purchased
Average Price
Paid per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced
Program(1)
Maximum Value of
Shares that May Yet
be Purchased
Under the
Program(1)
March 31, 2012 -- April 27, 2012 . . . . . .
--
$
--
--
$ 416
April 28, 2012 -- May 25, 2012 . . . . . . . .
10.8
$39.35
10.8
$1,492
May 26, 2012 -- June 29, 2012 . . . . . . . . .
5.6
$31.87
5.6
$1,312
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16.4
$36.78
16.4
$1,312
(1) Our Board of Directors previously authorized us to repurchase $750 million of our common stock in open market
transactions under a stock repurchase program through March 31, 2013. As of June 29, 2012, the entire $750
million previously authorized for repurchase had been utilized. On May 21, 2012, the Company announced that
the Board of Directors authorized an additional $1.5 billion for the repurchase of our common stock and the
extension of our stock repurchase program until May 18, 2017. Repurchases under our stock repurchase program
may be made in the open market or in privately negotiated transactions and may be made under a Rule 10b5-1
plan.
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