Western Digital Announces Redemption of 3.00% Convertible Senior Notes Due 2028

Details

The redemption will occur on November 16, 2026, at a price equal to 100% of the principal amount plus accrued and unpaid interest. Notes may be converted until the close of business on November 12, 2026. The conversion rate is 26.5231 shares of common stock per $1,000 principal amount of Notes. The Company will pay cash for up to the principal amount of the Notes converted and will settle the remainder in shares of its common stock.

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About Western Digital Corporation

Western Digital Corporation is a global data storage and semiconductor company that designs, manufactures, and sells a broad range of storage devices and solutions for digital information. Its portfolio spans hard disk drives, solid-state drives, flash-based embedded storage, memory wafers, and removable storage products such as memory cards and USB drives. These technologies are deployed in cloud data centers, client and enterprise computing, embedded systems, consumer electronics, and connected devices, supporting applications from PCs and gaming to automotive and industrial Internet of Things. Western Digital serves cloud service providers, original equipment manufacturers, distributors, resellers, and end consumers under brands including Western Digital, WD, SanDisk, HGST, and SanDisk Professional. Operating across the Americas, Asia Pacific, Europe, the Middle East, and Africa, and headquartered in San Jose, California, US, Western Digital today plays a central role in enabling data storage, management, protection, and access across the global technology ecosystem.