Recent Updates — GEN
Gen Digital Inc. announced its fiscal year 2026 financial results and a Fiscal 2027 Restructuring Program designed to streamline operations and increase the adoption of artificial intelligence. The company expects to incur approximately $50 million in related charges as part of this initiative over the next twelve months.
Gen Digital Inc. entered into a third amendment to its credit agreement, extending the maturity of its $1,500 million revolving credit facility to March 27, 2031. The company also incurred $2,741 million in new Extended Term A Loans to fully repay its remaining Initial Tranche A Term Loans.
Gen Digital Inc. issued a press release on February 5, 2026, announcing its financial results for the third quarter ended January 2, 2026. The company also made supplemental financial information available on its website.
Gen Digital Inc. has appointed current Chief Legal Officer and Secretary Bryan Ko to the additional role of Chief Operating Officer, effective immediately. The company also adopted a new Executive Severance and Retention Plan, which provides named executive officers with severance benefits equal to two times their base salary and two times their target annual bonus upon a qualifying termination.
Gen Digital Inc. announced its financial results for the second quarter ended October 3, 2025, via a press release issued on November 6, 2025. The company also provided supplemental financial information on its website.