Henceforth official, Logitech has announced End of $250 Million Share Buyback Program: stakes and opportunities
With this consolidated achievement Logitech International can now envision
its future in serenity, in terms of investment and R&D. In fact since
yesterday, the company has announced that on August 9, 2013, the Company’s $250
million share buyback program,
initiated in August 2010, ended.
initiated in August 2010, ended.
This means under the program, Logitech repurchased a total of 26,109,412
shares (13.63 percent of the initial share capital). Details of Logitech’s
share repurchase history can be found on the Company’s website at here!
About Logitech
Logitech is a world leader in products that connect people to the digital
experiences they care about. Spanning multiple computing, communication and
entertainment platforms, Logitech’s combined hardware and software enable or
enhance digital navigation, music and video entertainment, gaming, social
networking, audio and video communication over the Internet, video security and
home-entertainment control. Founded in 1981, Logitech International is a Swiss
public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global
Select Market (LOGI).