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Retired remaining 3.50% exchangeable notes due 2028, paying principal in cash and settling excess exchange obligations in shares.
Shankar Arumugavelu will not stand for re-election to Seagate’s board; his service ends at the close of the 2026 AGM.
Higher nearline shipments, pricing and drive capacity lifted margins; investment is rising to scale Mozaic heat-assisted recording.
Robust cloud data-center demand and disciplined execution drove sharply higher revenue and profitability.
Coverage: 10-K, 10-Q and 8-K filings filed since Jul 1, 2026.
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Company data: Wikidata Q705392
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