# Sandisk Corp (SNDK) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_816abbe4caa781067114 · retrieved 2026-08-12T07:24:07.909Z

## Overview
As of February 21, 2025, we separated from WDC (the "separation") and became a standalone publicly traded company, trading under the stock symbol "SNDK" on the Nasdaq Global Select Market.

On August 5, 2026, Sandisk Corporation's Board of Directors approved a $14 billion share repurchase program (exclusive of fees and commissions). Shares may be repurchased through open market purchases, including under Rule 10b5-1 plans, or other methods at times and prices determined by management. The company expects repurchases to be funded by operating cash flows, and the program may be suspended or discontinued at any time.

## Terms
- Deal value: $14.00B · Consideration: cash

## Key dates
- Announced 2026-08-05

## Timeline
- 2026-08-05 · 8-K (0001628280-26-053346): 8-K - Sandisk Corp — *As of February 21, 2025, we separated from WDC (the "separation") and became a standalone publicly traded company, trading under the stock symbol "SNDK" on the Nasdaq Global Select Market.* On August 5, 2026, Sandisk Corporation's Board of Directors approved a $14 billion share repurchase program (exclusive of fees and commissions). Shares may be repurchased through open market purchases, including under Rule 10b5-1 plans, or other methods at times and prices determined by management. The company expects repurchases to be funded by operating cash flows, and the program may be suspended or discontinued at any time.
  https://www.sec.gov/Archives/edgar/data/2023554/0001628280-26-053346.txt

## Citations
- 0001628280-26-053346 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026053346