Seagate stock at USD 921.51 on September 28, 2026, up 0.51 percent
Published on 09/28/2026 at 22:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trading session
Seagate Technology Holdings plc stock last traded at USD 921.51 on Nasdaq at 8:00 p.m. UTC on September 28, 2026. The shares were up 0.51 percent, or USD 4.68, from the previous close of USD 916.83.
AI infrastructure research
In a September 14, 2026 release, Seagate introduced its 2026 Data Infrastructure Readiness Report. The company said 99 percent of organizational IT leaders surveyed expect artificial intelligence to increase storage requirements, while 38 percent said their organizations were fully prepared to meet that demand.
The same release said data quality and readiness and storage infrastructure were the leading challenges to deploying AI among the organizations surveyed. Seagate described the findings as evidence that data infrastructure is becoming more central to enterprise AI planning.
Exchangeable notes settled
In a September 9, 2026 release, Seagate Technology Holdings plc and its subsidiary Seagate HDD Cayman announced that the subsidiary had settled the remaining approximately USD 150.70 million principal amount of its 3.50 percent exchangeable senior notes due 2028.
On the September 8 redemption date, Seagate HDD Cayman paid approximately USD 150.97 million in cash and delivered 1,647,862 Seagate ordinary shares to settle the redemptions and exchanges, according to the release.
