Seagate's Shareholder Return Strategy Signals Business Confidence

Key Takeaways STX is focusing on shareholder returns in fiscal 2026, resuming buybacks and raising its dividends.STX paid $153M in dividends and repurchased 153,000 shares for about $29M in the fiscal first quarter.Seagate posted a record 40.1% non-GAAP gross margin, supporting strong free cash flow and returns.Seagate Technology Holdings plc (STX) is emphasizing shareholder returns in fiscal 2026, supported by improving operating performance and stronger cash flow visibility. STX resumed share repurchases, ...