Under what symbol is WDC's shares traded and on what stock exchange?
Western Digital's common shares are listed on NASDAQ under the symbol WDC.
How can I buy and sell shares of WDC stock?
Any purchases or sales of Western Digital stock can be made through a brokerage service of your choice.
Does Western Digital offer a direct stock purchase plan?
WDC does not currently offer a direct stock purchase and sale program. Any purchases or sales of Western Digital stock can be made through a brokerage service of your choice.
How do I know if I am a registered shareholder or if I am a beneficial shareholder? If I am a registered shareholder, how do I obtain information about WDC shares that I own?
If your WDC shares are registered directly in your name with our transfer agent, American Stock Transfer & Trust Co., then you are considered a registered shareholder. However, most of our shareholders hold their shares through a broker, bank, or trustee rather than directly in their name. If you hold your WDC shares through a broker, bank or trustee, you are considered a beneficial shareholder, and you can obtain information about the shares you own by contacting your broker, bank or trustee. If you are a registered shareholder, please contact our transfer agent to change your address of record, transfer ownership or your shares or for questions concerning your Western Digital stock:
American Stock Transfer & Trust Co.
6201 15th Avenue, Brooklyn, NY 11219
Does WDC pay a dividend?
On September 13, 2012, the Board of Directors approved the adoption of a dividend policy under which WDC intends to pay a quarterly cash dividend beginning in the first quarter of fiscal year 2013. The amount and timing of future dividends under the dividend policy, and the declaration and payment thereof, will be based upon all relevant factors, including WDC's financial position, results of operations, cash flows, capital requirements and restrictions under WDC's existing credit agreement. The Board of Directors retains the power to modify, suspend or cancel WDC's dividend policy in any manner and at any time as it may deem necessary or appropriate in the future.
Does Western Digital offer a dividend reinvestment program?
WDC does not currently offer a dividend reinvestment program. Any purchases or sales of Western Digital stock can be made through a brokerage service of your choice.
Has WDC had any stock splits?
The record date for the two-for-one stock split was May 20, 1997.
SanDisk Shareholders: What will I receive in exchange for my SanDisk common stock as a result of the transaction?
Each share of SNDK common stock outstanding as of May 12, 2016 is entitled to receive $67.50 in cash, plus 0.2387 shares of Western Digital common stock. No fractional shares will be issued, so cash will be paid in lieu of fractional shares of Western Digital common stock.
SanDisk Shareholders: Who is responsible for transferring the merger consideration? Does SNDK or WDC transfer the consideration into my account?
American Stock Transfer & Trust Company is the exchange agent responsible for transferring the merger consideration, and if you hold your shares in a brokerage account, your broker will then transfer the consideration to you.
SanDisk Shareholders: When will I receive the merger consideration?
If you hold SNDK shares in a brokerage account, please contact your broker for further information on their respective processes and the timing of when you will receive the merger consideration.
If you hold a SanDisk stock certificate, you will receive a letter of transmittal from American Stock Transfer & Trust Company. Please follow the instructions contained in those materials to surrender your stock certificate for the merger consideration (cash and Western Digital common stock).
SanDisk Shareholders: I have SanDisk physical stock certificates. How do I receive my merger consideration?
If you hold a SanDisk stock certificate, you will receive a letter of transmittal from American Stock Transfer & Trust Company. Please follow the instructions contained in those materials to surrender your stock certificate for the merger consideration (cash and Western Digital common stock). You will not receive your merger consideration until you return your SanDisk stock certificate(s) to American Stock Transfer & Trust Company.
SanDisk Shareholders: Will I receive a SanDisk or Western Digital dividend?
SanDisk suspended its dividend program in the fourth quarter of 2015. If you continue to hold Western Digital common stock, you may receive future dividends, if and when declared and paid by Western Digital.
Western Digital most recently declared a quarterly dividend of $0.50 per share on May 3, 2016 payable on July 15, 2016 to stockholders of record as of July 1, 2016.
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