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Seagate's $1.2 Billion Debt Paydown: What Comes Next for Investors?

Source: zacks.com

Capital Returns (Dividends / Buybacks)Credit & Bond MarketsCompany Fundamentals
Seagate's $1.2 Billion Debt Paydown: What Comes Next for Investors?

STX paid down $1.2 billion of debt, while surging free cash flow and a higher dividend signal a stronger focus on shareholder returns. The article notes that valuation pressures remain on the shares.

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