Recent Updates — DELL
On September 9, 2026, Dell Technologies Inc., Dell International L.L.C., and EMC Corporation entered into an underwriting agreement to issue $5 billion in aggregate principal amount of senior notes. The offering includes $1.25 billion of 5.100% Senior Notes due 2029, $1.25 billion of 5.400% Senior Notes due 2031, $1.5 billion of 5.600% Senior Notes due 2033, and $1 billion of 5.900% Senior Notes due 2037. The notes are guaranteed by Dell Technologies Inc., Denali Intermediate Inc., and Dell Inc. Closing is expected on September 15, 2026. Net proceeds will primarily repay outstanding 4.900% First Lien Notes due 2026, with remaining funds for general corporate purposes or other debt repayment. Dell Technologies Inc. operates in the technology industry, providing hardware, software, and IT services solutions.
Dell Technologies reported fiscal second quarter results ending July 31, 2026, with record revenue of $47.0 billion, up 58% year over year, and record diluted earnings per share of $6.34, a 273% increase. The company raised its full-year FY27 revenue guidance by $25 billion to $192.0 billion and EPS guidance to $24.37. Infrastructure Solutions Group revenue surged 89% to $31.8 billion, driven by a doubling of AI-Optimized Servers revenue to $16.4 billion. The board declared a quarterly cash dividend of $0.63 per share, payable October 30 to shareholders of record as of October 20. Dell Technologies provides technology hardware, software, and services for enterprise IT environments.
Dell Technologies Inc. approved amendments to its bylaws to implement Section 21.373 of the Texas Business Organizations Code, establishing specific ownership and solicitation requirements for shareholder proposals. Shareholders or groups must hold at least $1,000,000 in market value or 3% of outstanding voting shares for at least six months to submit a proposal, and must solicit 67% of voting power for approval. Dell Technologies Inc. is a technology company that provides computer hardware, servers, and data storage solutions.
Dell Technologies Inc. completed its redomestication from Delaware to Texas, effective July 1, 2026. Following stockholder approval at the 2026 annual meeting, the company transitioned its internal affairs to be governed by the Texas Business Organizations Code. A key change in the new Texas Certificate of Formation includes a provision prohibiting derivative proceedings against directors or officers unless the initiating shareholder or group beneficially owns at least 3% of the total outstanding shares. The redomestication did not alter the company's headquarters, management, assets, or liabilities, and all existing equity awards and stock classes converted automatically. Dell Technologies Inc. is a technology company that provides computer hardware, software, and IT infrastructure solutions.
Between June 1 and June 12, 2026, Dell Technologies Inc. issued 3,438,364 shares of Class C common stock through the one-to-one conversion of an equal number of Class B common stock shares held by several Silver Lake Partners entities, including SL SPV-2, L.P. and Silver Lake Technology Investors V, L.P. Following these conversions, the company has 325,046,693 Class C shares and 44,351,394 Class B shares outstanding. The issuance was conducted without registration under Section 3(a)(9) of the Securities Act of 1933. Dell Technologies Inc. is a technology company that provides computer hardware, software, and IT infrastructure solutions.