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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 13, 2008 was 2,080.
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 high and low sales prices of our common stock, as reported by the NYSE, for each quarter of 2008 and 2007 are
as follows:
First Second Third Fourth
2008
High .............................. $26.16 $31.70 $34.80 $40.00
Low............................... $18.34 $23.52 $21.91 $26.14
2007
High .............................. $20.11 $21.70 $21.38 $20.32
Low............................... $15.90 $16.65 $16.65 $16.21
The following table provides information about repurchases by us of our common stock during the quarter ended
June 27, 2008:
Total Number
of Shares
Purchased
Average Price
Paid per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced
Program(1)
Maximum Value of
Shares that May Yet
be Purchased
Under the
Program(1)
March 29, 2008 — April 25, 2008 ..... 6,075(2) $29.30 — $502,524,104
April 26, 2008 — May 23, 2008....... 2,383(2) $35.25 — $502,524,104
May 24, 2008 — June 27, 2008 ....... 6,099(2) $35.23 — $502,524,104
Total ........................... 14,557 $32.76 — $502,524,104
(1) As announced on November 21, 2005, our Board of Directors authorized us to repurchase $250 million of our
common stock in open market transactions under a program during the five-year period from November 17, 2005 to
November 17, 2010. On April 3, 2008, we announced the authorization of the repurchase of an additional
$500 million of our common stock under the program and an extension of the program period until March 31, 2013.
We did not engage in any repurchases of our common stock under this program during the quarter ended June 27,
2008.
(2) Represents shares delivered by employees to us to satisfy tax-withholding obligations upon the vesting of restricted
stock.
31