|EX-99.1 - EX-99.1 - WESTERN DIGITAL CORP||exhibit1.htm|
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|Date of Report (Date of Earliest Event Reported):||December 3, 2012|
Western Digital Corporation
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
|of incorporation)||File Number)||Identification No.)|
|3355 Michelson Drive, Suite 100, Irvine, California||92612|
(Address of principal executive offices)
|Registrants telephone number, including area code:||(949) 672-7000|
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
Pursuant to the dividend policy of Western Digital Corporation (the "Company"), on December 3, 2012, directors declared a cash dividend for the quarter ending December 28, 2012 of $0.25 per share of Common Stock (the "Cash Dividend"). The Cash Dividend will be paid on December 26, 2012 to the Company’s stockholders of record as of December 14, 2012.
The amount of future dividends under the Company’s dividend policy, and the declaration and payment thereof, will be based upon all relevant factors, including the Company’s financial position, results of operations, cash flows, capital requirements and restrictions under the Company’s existing credit agreement, and shall be in compliance with applicable law. The Board of Directors of the Company retains the power to modify, suspend or cancel the Company’s dividend policy in any manner and at any time as it may deem necessary or appropriate in the future.
The press release announcing the dividend for the quarter ending December 28, 2012 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
99.1 Press Release issued by Western Digital Corporation on December 3, 2012 announcing a cash dividend for the December quarter.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Western Digital Corporation|
|December 3, 2012||By:||
/s/ Michael C. Ray
|Name: Michael C. Ray|
|Title: Senior Vice President, General Counsel and Secretary|
|Press Release issued by Western Digital Corporation on December 3, 2012 announcing a cash dividend for the December quarter.|