Seagate 2014 Annual Report Download - page 42
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Dividends
Ourabilitytopaydividendsinthefuturewillbesubjectto,amongotherthings,generalbusinessconditionswithinthediskdriveindustry,ourfinancial
results,theimpactofpayingdividendsonourcreditratingsandlegalandcontractualrestrictionsonthepaymentofdividendsbyoursubsidiariestousorbyusto
ourordinaryshareholders,includingrestrictionsimposedbycovenantsonourdebtinstruments.
Thefollowingweredividendspaidinthelasttwofiscalyears:
RecordDate PaidDate
Dividend
perShare
August7,2013 August21,2013 $ 0.38
November12,
2013
November26,
2013 $ 0.43
February10,2014 February24,2014 $ 0.43
May14,2014 May28,2014 $ 0.43
November11,
2014
November25,
2014 $ 0.54
February10,2015 February24,2015 $ 0.54
May1,2015 May15,2015 $ 0.54
August11,2015 August25,2015 $ 0.54
FromtheclosingofourinitialpublicofferinginDecember2002through2015,wehavepaiddividends,pursuanttoourdividendpolicythenineffect,totaling
approximately$3.1billionintheaggregate.
RepurchasesofOurEquitySecurities
OnJuly24,2013,theBoardofDirectorsauthorizedtheCompanytorepurchase$2.5billionofitsoutstandingordinaryshares.OnApril22,2015theBoardof
Directorsauthorizedthecompanytorepurchaseanadditional$2.5billionofitsoutstandingordinaryshares.AsofJuly3,2015,$2.9billionremainedavailablefor
repurchaseundertheexistingrepurchaseauthorizationlimits.AllrepurchasesareeffectedasredemptionsinaccordancewiththeCompany'sArticlesof
Association.Thereisnoexpirationdateontheseauthorizations.
ThefollowingtablesetsforthinformationwithrespecttoallrepurchasesofoursharesmadeduringthefiscalyearendedJuly3,2015:
39
Period
Total
Numberof
Shares
Purchased
AveragePrice
Paidper
Share
TotalNumberof
Shares
Purchased
asPartof
Publicly
AnnouncedPlans
orPrograms
Approximate
DollarValueof
Shares
Purchased
Under
thePlansor
Programs
Approximate
DollarValueof
SharesthatMay
YetBe
PurchasedUnder
thePlansor
Programs
(Inmillions,exceptaveragepricepaidpershare)
1stQuarterthrough3rdQuarterofFiscal
Year2015 15 $ 58.82 15 $ 907 $ 584
April4,2015throughMay1,2015 2 58.27 2 68 3,015
May2,2015throughMay29,2015 2 56.18 2 112 2,903
May30,2015throughJuly3,2015 — — — — 2,903
Through4thQuarterofFiscalYear2015 19 $ 58.50 19 $ 1,087 $ 2,903