Logitech Announces New Share Buyback Program And Proposed FY20 Dividend

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced a number of items, approved by its board of directors, including a new share buyback program, a proposed dividend for Fiscal Year 2020, and a new Group Management Team member and Executive Officer. The Company also announced that it filed its Annual Report on Form 10-K for Fiscal Year 2020.

The Company’s board of directors has approved a new, three-year share buyback program, which authorizes the Company to use up to $250 million to repurchase its shares. The new program is expected to begin following approval from the Swiss Takeover Board and replaces the Company’s prior buyback program that expired in April 2020. […]

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