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Western Digital to unload 5.8M Sandisk shares in public sale
Sandisk Corporation announced the pricing of a secondary public offering of 5,821,135 shares of its common stock, currently owned by its former parent, Western Digital Corporation (WDC), at a price of $545.00 per share. Sandisk will not receive any proceeds from this sale, as the transaction involves WDC exchanging the shares for certain indebtedness with J.P. Morgan Securities LLC and BofA Securities before they are sold to underwriters. The offering is expected to close on February 19, 2026.