WDC ▼ -6.0% - Western Digital Corporation $WDC Western Digital Announces Redemption of 3.00% Convertible Senior Notes Due 2028 Western Digital announced it will redeem its 3.00% convertible senior notes due in 2028, a move that typically signals the company believes its stock price no longer makes conversion economically attractive for bondholders and that it can handle the redemption cost more efficiently. The stock fell 6.0% today, likely reflecting investor concerns about the cash outlay required for the redemption or uncertainty about the company's capital allocation priorities. 14-SEP-2026 08:00 AM ET