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Form 8-K · Current Report · Filed 2024-10-22

Seagate Technology AGM Results: Directors Re-elected and Executive Compensation Approved

On October 19, 2024, Seagate Technology Holdings plc held its 2024 Annual General Meeting of Shareholders.

Filer
Seagate Technology Holdings Plc STX · NASDAQ
Filed
Accession
0001137789-24-000138
CIK
0001137789
Signal
Medium impactTechnology

Details

The shareholders re-elected all eleven directors, approved the compensation of named executive officers, ratified the appointment of Ernst & Young LLP as independent auditors, and approved the proposal to determine the price range for re-allocating treasury shares.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Say-on-Pay Approved Proxy Battle Won Equity Plan Approved

Market reaction

Close before filing

$112.41

Next session

-7.9%

Since filing

+661.6%

Latest close

$856.13

What happened, not what will happen — closing prices around the filing date.

About Seagate Technology Holdings Plc

Seagate Technology Holdings Plc is a leading provider of data storage solutions integral to the information technology industry. Its primary function is to design, manufacture, and supply a wide array of hard disk drives (HDDs) and storage systems, which are crucial for data management and storage in various sectors. Seagate's innovative storage solutions cater to the needs of consumers, small businesses, and large enterprises, supporting critical functions such as data centers, cloud computing, and client computing applications. Established in 1979, Seagate has consistently been at the forefront of data storage technology, introducing cutting-edge solutions that enhance storage efficiency and capacity. The company's products have widespread applications across multiple industries, including technology, healthcare, automotive, and finance, playing an indispensable role in facilitating the ever-growing demand for data storage and management. Through its advanced research and development initiatives, Seagate Technology Holdings Plc continues to influence the market landscape by driving innovations in storage technologies and solutions, thereby maintaining its significant market presence and leadership.

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