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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and
Issuer Purchases of Equity Securities.
Our common stock is listed on the New York Stock Exchange, Inc. (“NYSE”) under the symbol “WDC”. The
approximate number of holders of record of our common stock as of August 16, 2007 was 2,252.
We have not paid any cash dividends on our common stock and do not intend to pay any cash dividends on common
stock in the foreseeable future. The proposed bridge loan facility to be entered into for the planned acquisition of Komag
may constrain our ability to pay dividends on our common stock.
The high and low sales prices of our common stock, as reported by the NYSE, for each quarter of 2007 and 2006 are
as follows:
First Second Third Fourth
2007
High .............................. $19.96 $21.64 $21.15 $20.09
Low............................... 16.05 16.93 16.81 16.50
2006
High .............................. $15.08 $18.93 $24.18 $21.79
Low............................... 12.29 11.35 18.67 17.43
The following table provides information about repurchases by us of our common stock during the quarter ended
June 29, 2007:
Total Number
of Shares
Purchased
Average Price
Paid per Share(1)
Total Number of
Shares Purchased as
Part of Publicly
Announced
Program
Maximum Value of
Shares that May Yet
be Purchased
Under the
Program(2)
March 31, 2007 — April 27, 2007 .... 5,895(3) $17.3700 — $107,268,816
April 29, 2007 — May 25, 2007 ..... 1,850,043(4) $17.5646 1,837,495 $ 74,993,513
May 26, 2007 — June 29, 2007...... 1,077,481(5) $18.3950 703,460 $ 62,410,513
2,933,419 $17.8693 2,540,955 $ 62,410,513
(1) Average price paid per share excludes commission.
(2) As announced on November 21, 2005, our Board of Directors has authorized us to repurchase $250 million of our
common stock in open market transactions. The term of the program is a five-year period from November 17, 2005
to November 17, 2010.
(3) Represents shares delivered by employees to us to satisfy tax-withholding obligations upon the vesting of restricted
stock.
(4) Represents 1,837,495 shares purchased in open-market transactions and 12,548 shares delivered by employees to us
to satisfy tax-withholding obligations upon the vesting of restricted stock.
(5) Represents 703,460 shares purchased in open-market transactions and 374,021 shares delivered by employees to us
to satisfy tax-withholding obligations upon the vesting of restricted stock.
31